The Australia Philippines Business Council, in cooperation with Austrade Manila, recently organized a breakfast forum with the New South Wales Premier, Barry O'Farrell last 20 February 2014.
Barry O'Farrell mentioned that New South Wales' $59.6-billion infrastructure program is open to Filipino companies for investment. Citing an infrastructure backlog, O'Farrell said that their PPP projects were still successful, particularly in the development and financing of the PPP projects. There are also other investment opportunites such as property development, telecommunications, insurance and financial services, education, and business process outsourcing (BPO).
The breakfast was also an opportune time for both the Federation of Filipino-Chinese Chambers of Commerce and the IT & Business Process Association Philippines to sign their respective Memorandums of Understanding with the Council. This signifies the commitment of the APBC to foster stronger working relationships with other organisations in promoting better trade and industry for both Australia and the Philippines.
NSW Premier Barry O'Farrell giving a speech on investment opportunities in
New South Wales
NSW Premier Barry O'Farrell with members of The Australia Philippines
Jose Mari Mercado(L), President and CEO of IBPAP signs a Memorandum of Understanding with Eduard Alcordo (R), President of APBC.
Dr. Alfonso Siy (L), President of Federation of Filipino-Chinese Chambers of Commerce, signs a Memorandum of Understanding with Eduard Alcordo (R), President of APBC.
APBC Delegates and Guests enjoy a few cocktails and canapes at AIB's
conference room the afternoon after the Business Breakfast.