By Gabriela Baron
Philippine Chamber of Commerce and Industry (PCCI) President George Barcelon said President Ferdinand R. Marcos Jr.’s participation in the 29th Asia-Pacific Economic Cooperation (APEC) Summit in Thailand opened more opportunities for the Philippines and Thailand to collaborate further.
“The President in the speech or the talk that we had with the Thai business… captains of various industries, was very frank. The President talked about the concern of the food security that the Philippines is worrying,” Barcelon said.
“The fact that everything is twice as high due to the cause of various factors that are beyond our control. But having said that, I think the President opens up that we can collaborate with Thailand,” he added.
Barcelon said there are a lot of upsides for the Philippines in forging close business ties with Thailand, including the public-private partnership.
He added that there are also Thai companies operating in the Philippines that expressed their interest to further expand their businesses including the CP Group.
Barcelon also noted that Thai companies are eyeing big investment in the areas of aqua feed products, poultry, food-related fields, energy, and telecommunications.
“It was mentioned that they are optimistic about the growth in the Philippines,” he added.
