DTI, BOI, Digital Pilipinas push to make PHL an investment and digital ASEAN gateway

The Department of Trade and Industry (DTI) and the Board of Investments (BOI), in partnership with Digital Pilipinas, hosted an investment reception on Sept. 21, 2023 to bring together investment champions with a common goal of raising investor awareness on the opportunities presented by the country. The event serves as a platform for showcasing the nation’s potential as the gateway to ASEAN’s vibrant investment and digital landscape.

The lunch reception is a crucial part of the BOI’s drive to secure P1.5 trillion in approved investments in the country for this year. Under the leadership of DTI Secretary and BOI Chair Fred Pascual, the DTI-BOI remains steadfast in its mission to propel economic development through strategic initiatives.

The “Make it Happen in the Philippines” campaign, championed by the BOI, took center stage during the gathering and provided insights into the country’s competitive advantages as an investment destination and its pivotal role in the ASEAN region.

DTI Secretary Fred Pascual (center) with DTI and BOI officials (from left to right): BOI Investments Assistance Service (IAS) Chief Investments Specialist Lubin de Vera Jr.; BOI Executive Director for Investments Promotion Services (IPS) Evariste M. Cagatan; DTI Undersecretary for the Competitiveness and Innovation Group (CIG) Rafaelita Aldaba, Ph.D.; and DTI Undersecretary for Communications Maria Blanca Kim Bernardo-Lokin.

As part of the MIH campaign, the first batch of Philippine Investment Champions were introduced during the event. The Champions were invited to participate and engage in the campaign’s initiative to provide proof of the successful investments in the country.

The Philippine Investment Champions shared their experience and success story as a business in the country, aiming to inspire action and help position the Philippines as a prime investment hub and gateway to the ASEAN region and the rest of the world. These testimonials were captured in videos that will be presented by the DTI-BOI in their social media platforms and global missions to talk about the Philippines.

Testimonials from these Champions will lend credence to the value proposition of the Philippines, further encouraging foreign investments into the country.

Digital Pilipinas, in collaboration with the DTI-BOI, expressed profound gratitude to the Investment Champions and country partners who have played instrumental roles in positioning the Philippines as a premier investment hub and in elevating the nation’s status on both the ASEAN stage and the global arena.

The event was graced by diplomatic ambassadors and company executives from the Industrials, Manufacturing, and Transport (IMT); Telecommunications, Media and Technology (TMT); Health and Life Sciences (HLS); and fintech sectors.