The Philippine Embassy Promotes PPP in Finland

The Philippine Embassy in Finland promoted the government’s Public- Private Partnership (PPP) Program during the 1st High Level Seminar on Philippine-Finish Bilateral Relations, the Department of Foreign Affairs (DFA) said.

The seminar, jointly organized by the Embassy and the Finnish Foreign Ministry, aimed at further strengthening trade and investment cooperation between the Philippines and Finland was held at the Marina Congress Center in Helsinki.

Nokia, the world’s leading mobile phone supplier and Wartsila, which manufactures and services power sources and other equipment in the marine and energy markets were among the participants from various Finnish government agencies and private sector who attended the seminar.

In her opening remarks, Ambassador Ma. Angelina M. Sta. Catalina underscored the importance of the seminar in the overall context of Philippine-Finnish relations particularly in providing a venue for a fruitful exchange of information and the generation of new ideas for partnerships involving both the public and private sectors of the two countries, a news release posted on the DFA website said.

Declaring the Philippines as “Open for Business,” the Ambassador also underscored the resolve of the Aquino administration in improving the business environment and ensuring that all investors benefit from a level playing field.

Sta. Catalina outlined the investment opportunities available in the renewable energy sector in the Philippines.

The Ambassador also led the discussions in the area of infrastructure development and provided seminar participants with a briefing on the current state of the Philippine economy and the government’s economic development program.

The seminar featured panel discussions focused on four identified key areas of Clean Technology and Renewable Energy, Information and Communications Technology (ICT), Climate Change Mitigation, and Infrastructure Development.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *