Government woos foreign investors in construction, BPM sectors

Philstar Global

Apr 7, 2022

EXCERPT


MANILA, Philippines — The Philippines wants more foreign investments in the construction and information technology-business process management (IT-BPM) sectors which are poised for continued growth, the Department of Trade and Industry (DTI) said.


In a statement, the DTI’s export promotions arm Center for International Trade Expositions and Missions said developments in the construction and IT-BPM sectors were presented during the recent online forum of the DTI Expo 2020 Dubai Business Events Committee as part of efforts to attract more foreign investments to the country.


DCCD Engineering Corp.’s Michael Reyes said the country’s construction industry shows promising growth prospects as it is seen to generate as much as P130 trillion worth of projects from 2020 to 2030 through greater investments, participation in the global market, and a well-plotted industry roadmap.


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