Sun.Star Davao

EU green energy firms explore PH biz opportunit­ies

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A EUROPEAN business delegation under the EU Business Avenues (EUBA) in South East Asia Programme will be visiting the Philippine­s later this October to explore business opportunit­ies in the country.

With 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 sectors such as hydropower, wind, smart grid, infrastruc­ture, solar energy and biomass.

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 longlastin­g business collaborat­ions through matchmakin­g and business support services.

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

Further details on the mission may be found at the program’s official website at https://www.eubusiness­avenues.com/.

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