Taichung City Chamber of Commerce applauds investment opportunities in FAB,PH

MARIVELES, Bataan – The Authority of the Freeport Area of Bataan (AFAB) recently welcomed to the Freeport Area of Bataan (FAB) the head and members of Taiwan’s Taichung City Chamber of Commerce, who visited the Philippines as part of their initiative to promote commerce in Asia.

During the visit, AFAB officials discussed with the Taiwanese investors the investment opportunities in the FAB. The Chamber also explored the industrial areas of the freeport. Taichung City Chamber of Commerce Chairman Wen-Chin Chen said that despite their short visit, the Taiwanese investors and delegates discovered the potentials of the country, especially the FAB, as an investment destination.

“We get the idea that the Philippines is a very good place to invest. We can see that the FAB has a very good business environment,” Chairman Chen said. “We appreciate the hospitality of love that the FAB and other agencies showed to us,” he added.

Engr. Emmanuel D. Pineda, AFAB Deputy Administrator for Operations, on the other hand, thanked the Taichung City Chamber of Commerce for choosing the Philippines and the FAB as one of their possible investment destinations. He noted that the FAB offers the best incentives to its locators. “We hope that you enjoyed your short visit. Thank you for giving us some of your time to see and learn what makes the FAB a great place to go and invest,” Engr. Pineda said.

Meanwhile, Bataan 2nd District Congressman Jose Enriquez Garcia III assure the investors that the FAB can provide highly qualified and skilled workers, noting that the AFAB, in partnership with the provincial government of Bataan, continuously train workers in the province.

“The provincial government of Bataan works closely with the FAB. That is why the investors are assured that they will be assisted and helped in everything that they need when they start their business in the FAB,” Congressman Garcia said. “According to the existing investors in Bataan, the province has a higher quality of workforce compared to Manila, as well as better incentives,” he stressed.

“The FAB and the government of Bataan can assure you that we provide enough training, not only from the basic up to the tertiary education but also specialized training for our people that may be needed by industries that choose to locate here,” the congressman added.

The FAB is the emerging fashion manufacturing hub of the Philippines, as it possesses a budding cluster of companies producing high-end brands of garments, apparel, shoes and accessories, like bags, jewelries, among others. Its vision is to be the Freeport of choice in the country by 2020, becoming a center of trade, innovation and sustainable development in Asia and promoting work-life balance and global competitiveness.