PH to Boost FDI to more than $10 Billion Annually
SourceFit
AUGUST 16, 2012
With a goal of $10 billion annually in Foreign Direct Investment the Philippines is working to in increase investment from abroad, particularly in shipyards, factories, and call centers or the voice services sub sector of the business process outsourcing (BPO) industry. . According to Trade and Industry Secretary Gregory Domingo, the country received 24 business teams – from countries such as Japan, Russia, and Turkey – in the first six months of 2012.
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