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Francis Chua: Closer ties between China and the Philippines, what's next?
10 May 2017

 

 

Mr. Francis Chua, Vice Chairman of Silk Road Chamber of International Commerce (SRCIC) and Founding Chairman of SRCIC the Philippines accepted exclusive interview of iMango of Hong Kong Satellite TV, and made recommendations to businessmen who would like to invest in the Philippines.

 

  1. The investors should find a reliable partner in the Philippines and foster good relationship with the partner.
  2. The investors should maintain good cooperative relations with the local and central government of the Philippines.
  3. If the investors would like to develop manufacturing facilities in the Philippines, a better option is to have their own power plants to lower the costs.
  4. Regarding the investment in the Internet of the Philippines, the investors can focus on e-commerce and e-logistics.

 

Mr. Francis Chua was the President and is the Chairman Emeritus of the Philippine Chamber of Commerce and Industry, the biggest chamber of commerce in the Philippines; and he was also the President and is the Honorary President of the Federation of Filipino-Chinese Chambers of Commerce and Industry.

 

Mr. Francis Chua helped develop a large number of investment projects between China and the Philippines, among which the most important one is the investment of the State Grid Corporation of China to the National Grid Corporation of the Philippines. It became one of the most successful investment projects that the Chinese state-owned enterprises had made overseas.

 

Source: based on the interview of iMango