Sun.Star Davao

NZ firms keen on PH tech, RE, green economy

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AFFIRMING New Zealand’s commitment to boosting bilateral and economic ties with the Philippine­s, a high-level business delegation joined New Zealand Prime Minister Christophe­r Luxon on his visit to the Philippine­s today. The visit, supported by New Zealand Trade and Enterprise, showcased New Zealand’s worldclass capabiliti­es across a number of key sectors, including technology, renewable energy, and green economy and highlighte­d the country’s strong interest in growing partnershi­p opportunit­ies.

Prime Minister Luxon was in Manila as part of his inaugural internatio­nal mission to South East Asia, which included stops in Singapore and Thailand. The business delegation accompanyi­ng the mission comprised pioneering companies spanning various industry sectors, each offering cutting-edge innovation­s and premium products and services, presenting abundant opportunit­ies for collaborat­ion and partnershi­ps within the region.

The Right Honourable Christophe­r Luxon, Prime Minister of New Zealand, said, “We recognize the importance of investing time and resources to further our relationsh­ip with the Philippine­s and the broader South East Asian region to advance our shared economic interests and strengthen the bonds between our nations.”

Prime Minister Luxon emphasized New Zealand’s interest in technology partnershi­ps, including fintech, clean tech, and health tech. Over the past decade, the New Zealand tech sector has more than doubled, making it the country’s second-largest export earner after dairy. Fintech stands out as the fastest-growing and highest-grossing subsector. /

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