PH HAS SO MUCH TO OFFER – ZUBIRI

SENATE President Juan Miguel Zubiri beseeched European Union stakeholders to invest in the Philippines as the country has so much to offer given its potential and recent growth.

In a message to the members of the European Chamber of Commerce of the Philippines and to the ambassadors who were present, Zubiri said that the Senate’s meetings with some European leaders showed that there is so much business opportunities.

“In my meeting with the First Vice President of the European Parliament Othmar Karas and also with other parliamentarians and business groups, there are many possibilities of bilateral cooperation with a lot of sectors within the European Union,” he said.

The various opportunities are trade and manufacturing, foreign investments, tourism, post-Covid recovery, nuclear energy, climate change mitigation and defense.

“I had a chance to visit several facilities within the EU, such as the Naval Group, one of the top military shipbuilders, and the Flamanville nuclear power plant, and I tell you, there is indeed a lot to learn from them, especially in terms of energy usage,” the senator pointed out.

He also added that related stakeholders in nuclear technology in France are very much willing to help the Philippines in research and developing cheaper energy machinery and technology that will fit the Philippines’ layout and all it needs is a formal agreement.

On another note, Zubiri said he and the other senators had been also promoting the Philippines as well to the EU for tourism with various pandemic restrictions being lifted all over the world.

“We also want to court our European tourists to world-renowned destinations to the Philippines as we have also has so much to offer not only for our natural wonders, but also in terms of cultural exchange and culinary experiences,” he expounded.

Zubiri concluded his message by saying that the national government has been emphasizing the various measures and laws it has passed to foreign investors in the EU so they can easily invest in the Philippines.

“There have been various measures that have been passed in order to make it easier for investors. Some of these are the Ease of Doing Business Act, and the various economic measures we have passed in the last Congress,” he remarked.