Spanish businessmen eye investments in Davao

Subscribe Now November 28, 2016 at 09:10pm

Spanish investors are looking at collaborating with the Philippine government in the agri-business, infrastructure, transportation, power, culture, and tourism industries, officials said Friday.

They are interested in investing in Davao and the rest of Mindanao, particularly in the area of tourism, Spanish Secretary of State for Foreign Affairs and Cooperation Ignacio Ybañez said at the 8th Tribuna España-Filipinas Cooperation conference in Davao City.

Trade between Spain and the Philippines is pegged at $600 billion, and the Philippines is ready to do more business with them, Philippine Chamber of Commerce and Industry (PCCI) chair George Barcelon said.

The Tribuna-Filipinas is a cooperation among the Barcelona-based private public foundation Casa Asia, the Philippine-Spanish Business Council of the PCCI, and Makati-headquartered non-profit Fundacion Santiago.


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