by magnolia_eic | Jun 7, 2012 | Headlines, Local News / Bohol Balita, National News
PRESIDENT Benigno S. Aquino III has urged British investors to participate in the Philippine government’s Public-Private Partnership (PPP) projects.
President Aquino extended the invitation during his meeting with Prime Minister David Cameron at 10 Downing Street on Wednesday here as part of his official visit to the United Kingdom of Great Britain and Northern Ireland.
In the joint statement of President Aquino and Prime Minister Cameron, the two leaders agreed to further expand economic cooperation to pave the way for increased trade and investment flows between the Philippines and UK.
During the meeting, the Philippine leader also briefed Prime Minister Cameron on the Philippines’ Public-Private Partnership program and invited the UK government and the business sector “to continue sharing its vast expertise in this area, and encouraged British
investors to participate in the projects.”
The UK leader, in turn, assured President Aquino that the UK government had provided and would continue to provide expertise to the Philippines in shaping its PPP program and looked forward to British companies participating in projects.
The Philippines and the United Kingdom have enjoyed a robust economic partnership over the years. The United Kingdom is the Philippines’ top European investor, and the largest Philippine tourism market in Europe.
President Aquino also emphasized that the Philippines offered exciting investment opportunities for British business, especially in the sectors of energy, infrastructure, business- process outsourcing, information technology and tourism.
After his meeting with the UK Prime Minister, President Aquino attended the luncheon offered by Her Majesty Queen Elizabeth and presided by Minister Jeremy Browne and the Lord Mayor of London Alderman David Wootton at the Lancaster House. (PCOO)
by magnolia_eic | May 27, 2011 | Headlines, National News
PRESIDENT Benigno S. Aquino III is expected to promote the country’s Public Private
Partnership (PPP) program as part of the agenda of his 2-day state visit to the Kingdom of
Thailand.
In an interview with Radio-TV Malacanang (RTVM) in Bangkok on Tuesday, Philippine
Ambassador to Thailand Linglingay Lacanlale said that the President may pursue the promotion
of the government’s PPP programs, specifically on infrastructure development, as soon as he
meets with Thailand Prime Minister Abhisit Vejjajiva and top Thai business executives.
Lacanlale said that the Chief Executive will be presenting investment possibilities in the
Philippines under the PPP program.
“Aside from trade marami tayong opportunities for cooperation. Alam natin na ang Presidente
tuwing makakausap niya ang mga pinuno ng mga iba’t-ibang pamahalaan sinasabi niya itong
ating programa na PPP sa infrastructure development, so isa ito sa puwedeng i-pursue ng
Pangulo”, Lacanlale said.
The President is set to meet with key officials of prominent Thai business companies that include
the Charoen Pokphand (CP) Group, Siam Cement Group (SCG), and Petroleum Authority of
Thailand (PTT) Public Company Limited.
It will be recalled that during the bilateral talks between the Philippines and Thailand in the 18th
Association of Southeast Asian Nations (ASEAN) Summit held in Jakarta, Indonesia, recently,
the Thai leader has expressed keen interest in participating in the said project to share their
experiences and knowledge in infrastructure development.
Over the years, the Philippines and Thailand has maintained good diplomatic relationship and
reciprocity in the field of trade and investment.
Apart from this, other issues of cooperation to be discussed include addressing the problem of
drug trafficking, agricultural support and cooperation in regional and multilateral forums, among
others. (PCOO/PIA)
