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FOR IMMEDIATE RELEASE
US Pacific Partners to Seek Investment Opportunities in the Philippines, Signing Letter of Intent with Philippine Board of Investments
October 16, 2024 – [Manila] – US Pacific Partners has announced its strategic initiative to identify and partner with companies in North America and Europe to invest in the rapidly growing economy of the Philippines. This follows the signing of a Letter of Intent (LOI) on October 15, 2024, with the Philippine Board of Investments (BOI). The agreement sets the foundation for sourcing companies interested in contributing to key sectors of the Philippine economy, including infrastructure, manufacturing, materials and mining, power, traditional and green energy, cold storage, telecom, digital infrastructure, healthcare, transportation, housing, construction, and other vital industries.
Thomas LaPointe, CEO of US Pacific Partners, emphasized the potential the Philippines holds for international companies seeking to expand into the Asia-Pacific region. “The Philippines is an excellent investment target for companies looking to expand in this part of the world. The government, through its CREATE Now Act, has significantly streamlined the investment process and is offering generous incentives to attract businesses,” said LaPointe. “We are excited to help companies take advantage of these opportunities and contribute to the economic development of the region.”
The partnership with the Philippine Board of Investments is designed to ensure that companies looking to enter these markets will have the support and guidance needed to navigate regulatory requirements and access the country’s various incentive programs.
For more information about US Pacific Partners and its global investment opportunities, please visit our website at www.uspacificpartners.com.
Media Contact:
Thomas LaPointe, Jr.
CEO
ceo@uspacificpartners.com