US Pacific Partners to Seek Investment Opportunities in the Philippines, Signing Letter of Intent with Philippine Board of Investments
US Pacific Partners has announced its strategic initiative to identify and partner with companies in North America and Europe to invest in the rapidly growing economy of the Philippines.
- (1888PressRelease) December 04, 2024 - US Pacific Partners has announced its strategic initiative to identify and partner with companies in North America and Europe to invest in the rapidly growing economy of the Philippines. This follows the signing of a Letter of Intent (LOI) on October 15, 2024, received by the Philippine Board of Investments. The LOI sets the foundation for targeting companies interested in contributing to key sectors of the Philippine economy, including infrastructure, manufacturing, critical minerals, renewable energy, cold storage, telecom, digital infrastructure, healthcare, transportation, and other vital industries.
Thomas LaPointe, CEO of US Pacific Partners, emphasized the potential the Philippines holds for international companies seeking to expand into the Asia-Pacific region. “The Philippines is an excellent investment hub for companies looking to expand in this part of the world. The government, through its CREATE Act, has significantly streamlined the investment process and is offering generous incentives to attract businesses,” said LaPointe. “We are excited to help companies take advantage of these opportunities and contribute to the economic development of the region.”
The partnership with the Philippine Board of Investments is designed to ensure that companies looking to enter the Philippines will have the support and guidance needed to navigate regulatory requirements and access the country’s various incentive programs.
For more information about US Pacific Partners and its global investment opportunities, please visit our website at www.uspacificpartners.com.
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