UK firms to look at PH trade prospects
MANILA, Philippines—Representatives from 24 British companies are expected to arrive next week in three separate trade missions to look into potential investment opportunities in the Philippines.
The UK Trade and Investment (UKTI) in Manila said Wednesday that the companies are eyeing a wide range of sectors, including renewable energy, food, logistics, medical equipment, architecture, and consultancy services.
“The companies range from small and medium enterprises (SMEs) to multinationals, and cover a wide variety of sectors, all of which are interested in the substantial opportunities offered by the Philippines. Some will be looking to export, others to invest, and others to partner with local businesses,” the statement read.
According to the UKTI, one of the missions was being organized in cooperation with the UKTI North West; another with the London Chamber of Commerce and the UK-Asean Business Council. A third was in partnership with the UKTI Korea Rail Research Institute (UKTI KRRI).
The UKTI North West delegation will include Connect Medical Systems, a specialist manufacturer of medical gas distribution equipment; Deemak International Ltd., a global food sourcing company; Hoshin, which provides consultancy on renewable energy and sustainability; and PAL Shipping International Ltd., which offers first-class international freight forwarding, transport and total logistics solutions.
Also included in the delegation are Product Brokers Ltd., which specializes in supply of industrial lubricant and maintenance products; Sterling Sensors Ltd., a bespoke manufacturer of thermocouples; and Tree Communications, a public relations and marketing firm.
The UKTI-KRRI trade mission will, meanwhile, bring into the country Arup, which offers engineering and related consultancy services; AWW Architects; Duke’s Court Travel; Energy Island Bell Pirie (EIBP) Ltd.; GIG Productions Ltd.; HSBC; Human Elemental Ltd.; Medikit Ltd.; and Tudor Export Ltd.
Iain Mansfield, director of the UKTI in Manila, told the Inquirer that they were considering whether they should push through with the planned missions in light of the devastation wrought by Supertyphoon “Yolanda.”
“However, business and investment are an important part of the recovery, supporting inclusive growth and livelihood for all in the Philippines,” Mansfield said.—Amy R. Remo
