The Philippine Embassy in Denmark organized an investment briefing at the Embassy Hall on 27 October 2021. The event was attended by representatives from various Danish companies, investors and government officials. This is one of the initiatives of the Embassy to increase two-way trade in goods and services as well as investments between Denmark and the Philippines.

The event was held in partnership with Andersen Consult and featured two speakers: Ambassador Leo Herrera-Lim and Mr. Lars Siggaard Andersen.

Philippine Ambassador Herrera-Lim highlighted the Philippines’ investment opportunities, including its increasing appetite for premium products, recovering economy and other positive macroeconomic indicators, a growing middle class and a large and young population. He cited Philippines’ broad access to markets of Asia’s biggest economies given the recent signing of the RCEP agreement, the world’s largest FTA. He shared opportunities for Denmark to invest in the Philippines, particularly in the business process outsourcing, food and agriculture, and manufacturing.

For their part, several businessmen in attendance expressed interest in entering the Philippine market, particularly in food distribution, biotechnology, cold storage and those related to mid-trawl fish technology.
Also present at the event were Third Secretary and Vice Consul Al-Bari Macalawan and Commercial Attaché Clariza Columna of the Philippine Trade and Investment Center-Stockholm.