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BusinessWorld
May 25, 2021 | 8:27 pm
REUTERS
THE Philippine special envoy to the US is planning a public-private initiative to invite US companies to relocate to the Philippines from China.
The initiative will target manufacturing and assembly, logistics, and green energy companies.
“More than raising the level of discourse about this investment opportunity for our country, we will endeavor to chart an efficient roadmap for US companies seeking to do business in the country as guided by the Ease of Doing Business Act,” Special Envoy Jose E.B. Antonio said in a statement Tuesday.
The project will start with virtual conferences to discuss ease of doing business in the country, including reforms to business permit processing, the automation of transactions, and anti-corruption policies.