This partnership aims to position the country as a prime destination for foreign investments by organizing investment seminars, business matching activities, and industry promotion missions, the DTI said in a statement.
The initiative will focus on attracting investments in key sectors such as manufacturing, technology, renewable energy, and infrastructure. These efforts are expected to create new factories, jobs, and innovations that will benefit Filipinos, leveraging the country's skilled workforce and strategic position in Asia.
Charles M. Rodriguez, executive vice president and head of BDO’s institutional banking group, stressed the significance of this collaboration: “This partnership reflects our shared commitment to making the Philippines a key investment destination for both foreign and local businesses. Through these investments, we contribute to the country’s economic growth, which has consistently ranked among the strongest in the Asean region over the past decades.”
Trade Undersecretary Dr. Ceferino S. Rodolfo underscored the strategic benefits of the partnership: “By combining BDO’s financial expertise and DTI’s investment policy leadership, we can create a more competitive environment for investors. This collaboration ensures that the Philippines is recognized not just as a growing market, but as a destination for sustainable, long-term investments.”
The collaboration also aims to empower small and medium enterprises (SMEs) by connecting them with foreign companies that bring advanced technology and capital, fostering protracted growth for local industries. This partnership, according to the DTI, is seen as a vital step in establishing the Philippines as a smart and sustainable manufacturing hub in Southeast Asia.