Finance Secretary Frederick Go urged American firms to invest in the Philippines, highlighting its strong economic fundamentals and strategic advantages, during a recent Philippine Executive Forum in San Francisco.
In a statement Wednesday, the Department of Finance (DOF) said Go cited the country’s young, English-speaking workforce, stable macroeconomic environment, reform-driven policies, and expanding digital economy as key draws, along with its partnership with the United States.
He also promoted priority sectors under the administration of President Ferdinand R. Marcos Jr., including semiconductors, renewable energy, infrastructure, and tourism.
“We are encouraging investments in high-impact sectors that will create meaningful jobs and support the development of our communities. These are our strategic investment pillars, and they represent both growth and stability,” Go said.
Despite global uncertainties, Go assured investors of the country’s resilience, citing sustained growth, manageable inflation, and prudent fiscal management.
The forum, held Monday and led by the DOF and co-organized by the Bangko Sentral ng Pilipinas, gathered US-based business leaders and Philippine officials to discuss trade and investment opportunities. (PNA)
