Vancouver: Opportunities in prime investment hubs in Luzon were highlighted during the meeting between officials of the Bases Conversion and Development Authority (BCDA) and the Philippine Consulate in Vancouver, Canada. Among the places presented by BCDA Senior Vice President for Corporate Services, lawyer Elvira Estanislao, and Vice President for Public Affairs Leilani Barlongay Macasaet are the New Clark City in Tarlac, Camp John Hay Special Economic Zone in Baguio City, and Poro Point Freeport Zone in La Union - sites that can house manufacturing, logistics, tourism, and sustainable infrastructure-focused firms.
According to Philippines News Agency, the recent meeting was 'aimed to identify avenues for Canadian businesses and investors to engage with the Philippines' dynamic growth sectors.' Philippine Consul General to Vancouver, Canada, Dr. Gina Jamoralin, emphasized the transformative potential of this collaboration, noting the alignment between Canada's strong commitment to sustainable development and BCDA's vision for responsible growth. She expressed optimism about fostering long-term relationships that would drive innovation and progress in both countries.
The BCDA underscored its commitment to attracting foreign direct investments to catalyze national development through strategic infrastructure and economic zone development. The engagement forms part of BCDA's ongoing efforts to promote its developments as a prime investment and tourism destination. By leveraging Canada's business environment and established Filipino community, the Authority seeks to create meaningful partnerships that drive mutual growth.
BCDA's proven track record in public-private partnerships positions its properties as ideal gateways for international investors seeking high-growth opportunities in Southeast Asia's economy. By forging stronger partnerships with international business communities, BCDA aims to accelerate its development goals, contributing significantly to the country's economic resurgence.