NEW DELHI - Department of Trade and Industry (DTI) Secretary Ramon Lopez encouraged Indian businessmen and delegates from the Association of Southeast Asian Nations (ASEAN) to ride on the ongoing Philippine (PH) growth story.

During the PH-India Business Forum on 24 January 2018, the country's trade chief presented Dutertenomics — the socioeconomic policies of President Rodrigo Duterte—to encourage investors to partner with PH, which will help in creating additional value for their businesses and boost income-generation operations.

"The initiatives under Dutertenomics can help support investors by creating an environment where companies can do business swiftly and efficiently," said Sec. Lopez, stressing that ongoing infrastructure projects strategically link the country's industries. These, in turn, will further power the growth of an already strong economic base.

"Our ‘Build Build Build' infrastructure program will facilitate greater trade and investment as it opens up access to new markets, while minimizing trade and logistics cost," he added.

Under Dutertenomics, the government's massive ‘Build Build Build' program aims to develop massive and efficient infrastructure projects to create more opportunities in the countryside by developing more regional growth centers. Read more.


(Source: DTI Website)

 Date Posted: January 26, 2018