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New Industrial Policy

Given its popularity and high trust rating, the Aquino administration is expected to continue implementing solid reforms to overcome the difficult challenges in realizing the country’s potential. Now seen as a new growth area, the Philippines is well positioned to attract investments that would catalyze growth and development. The government needs to capitalize on our recent investment upgrade to attract more foreign direct investment. Large market opportunities for our industries are offered by the Asean Economic Community market of 600 million people. At the same time, the rising costs in China, and the calamities in Japan and Thailand that hit industry supply chains have driven investors to look for alternative investment sites. Read more: http://opinion.inquirer.net/52881/new-industrial-policy#ixzz2U9cWqccA Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook