More British firms bullish on business opportunities in PH

More British firms bullish on business opportunities in PH




The Philippines continues to e an attraction for foreign investors.

Political stability, maintained peace and order, growing economy, and a large availability of qualified workforce are some of the reasons why foreign investors are keenly looking for opportunities in the country.


As per the British Chamber of Commerce Philippines (BCCP) Executive Chairman Chris Nelson said that in the last five years, over 2,300 British companies expressed interest in retail particularly food, infrastructure, and education and training.

British Chamber of Commerce Philippines Executive Chairman Chris Nelson
(photo credit to owner)


“I anticipate new companies will be coming. And also what we are trying (to do) as well is to grow the business of existing companies,” he said.
 BCCP has been always active in the promotion of other businesses opportunities, including healthcare and business consultancy; and other growth areas such as manufacturing, energy, and environment through various events.


“UK (United Kingdom) companies are looking more at Southeast Asia. What we are trying to do is to make sure they look at the Philippines as their primary destination,” Nelson said.


Very Attractive


The British Chamber of Commerce Philippines (BCCP) Executive Chairman Chris Nelson said British firms consider the country a “very attractive” market for investors given its robust economy and English-speaking population.

Nelson also took note of the country’s ease of doing business law while pushing for the passage of the bill amending the Retail Trade Liberalization Act.


“Retail liberalization will gonna very good for us. And obviously, what we would like to see is further liberalization of the economy, reduce what they call the investment negative (list), obviously (so) you can get more companies investing here,” he added.






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Report from PNA

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