EU business delegation to explore PH energy projects

A European business delegation is coming into the country to explore business opportunities in the energy sector particularly hydropower, wind, smart grid, infrastructure, solar energy, and biomass.

The delegation is visiting the country on October 26-27 despite President Rodrigo Duterte’s comments against European countries.

In a statement, the Board of Investments (BOI) said the European business mission is under the EU Business Avenues (EUBA) in South East Asia Programme. The delegation is composed of 39 prominent and up-and-coming companies from Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Hungary, Italy, Lithuania, Netherlands, Poland, Portugal, Slovenia, Spain, Sweden, and UK, the visit is part of the two-leg Green Energy Technologies Business Mission, looking into Singapore and the Philippines’ business opportunities in the energy sector.

Based on the successful EU Gateway model of business support, EUBA is a new business development program organized and funded by the Service for Foreign Policy Instruments of the European Union (EU).

Focusing on the growing South East Asian Markets, the program aims to strengthen the presence of European companies in South East Asia by organizing one-week business missions to the region. The EU-funded initiative aims to help European companies establish long-lasting business collaborations through matchmaking and business support services.

Supported by the DTI-Board of Investments, the Philippine leg of the Green Energy Technologies business mission, the sixth mission under the EUBA program, will be held on 26-27 October, 2017, in time for the Energy Smart Philippines 2017 with which the business mission is co-located.

On Thursday, Duterte threatened to expel European ambassadors within 24 hours, accusing their governments without citing evidence of plotting to have Manila