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World Economic Forum in Myanmar a chance for President Aquino to attract new investments

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(www.weforum.org)

(www.weforum.org)

NAY PYI TAW, Myanmar) President Benigno Aquino III’s visit here and participation in the 22nd World Economic Forum on East Asia hopes to drum up more investments into the Philippines, Malacanang official said.

President Aquino will have an opportunity to address a plenary of WEF East Asia Summit, according to Presidential Communications Development and Strategic Planning Office Secretary Ramon Carandang.

“Remember that our point of coming here is, ultimately, we want investors to come to the Philippines,” Carandang said in an interview with members of the Philippine media delegation.

“We want to assure them that there’s money to be made in the Philippines as investors, and that we look forward to their coming in and building our infrastructure, investing in our tourism, investing in our agriculture, creating jobs,” he added.

Carandang said that the Philippines’ participation in events like the 22nd WEF East Asia Summit, and the hosting of next year’s forum, will help make the country be recognized globally as an investment haven.

Carandang also expressed hope that President Aquino’s visit to Myanmar will deepen the interest and eventually lead the two countries to explore opportunities that will be beneficial for both.

President Aquino will have a bilateral meeting with Myanmar’s President Thein Sein on the sidelines of the forum. He will also meet with opposition leader Aung San Suu Kyi.

The President will also join the CEOs and businessmen in a luncheon meeting to be hosted by the Ayala Corporation.

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