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Chinese delegation eyes investment opportunities in the Philippines


A delegation of 70 Chinese business executives, led by Hu Xinquan, the president of the Chinese Enterprises Philippine Association (CEPA) and the Bank of China's country head for the Philippines, visited the Philippines to explore investment opportunities. The visit, facilitated by the Board of Investments (BOI), focused on sectors such as engineering, construction, finance, trade, telecom, energy, agriculture, and manufacturing. The business mission is part of the collaboration under a Memorandum of Understanding signed by the BOI and the Bank of China in January. BOI's Managing Head, Ceferino Rodolfo, encouraged Chinese investors to consider investing in the Philippines' mineral processing value chain, highlighting the country's abundance of green metals and its position as a major exporter of nickel.

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