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  • Writer's pictureBy The Financial District

Aussie Biz Mission Bared

An Australian business mission will be visiting the Philippines next week to explore trade, tourism, and investment opportunities here, according to the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA).

Photo Insert: Philippine Ambassador to Australia Ma. Hellen De La Vega will lead the delegates from different sectors.

The 50-man Australian business mission will be here from August 14 to 20 and is set to investment briefings, business-to-business meetings, and a visit to economic zones in Clark, Bataan, and Subic.

The delegates are from sectors of renewable energy, manufacturing, mining, tourism, education, and information technology and business process management (IT-BPM) and will be led by Philippine Ambassador to Australia Ma. Hellen De La Vega.

According to PEZA, the agency will be meeting the business delegation on August 16.

“This upcoming business mission in the Philippines sets a stronger investment footing and camaraderie which shall further enhance economic ties between our two countries,” PEZA officer-in-charge Tereso Panga said in a statement.

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

PEZA data showed that there are 141 PEZA-registered companies from Australia and New Zealand as of June 2022.

Their total investments amounted to PHP14.64 billion, contributing USD374.57 million in exports, and generated 44,424 direct jobs.

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