Dubai-based logistics firm DP World is eyeing significant investments in the Philippines, including the establishment of a logistics hub and an industrial park.
The potential investment was discussed during a meeting between Department of Trade and Industry (DTI) Secretary Alfredo Pascual and DP World executives in Abu Dhabi.
Pascual expressed optimism about collaborating with DP World to enhance the Philippines' logistics sector through industrial parks, economic zones, and digital solutions.
The DTI chief emphasized the government's commitment to creating policies that support sustainable development, foreign investment, and innovation within the logistics industry.
DP World's planned investments align with the Philippines' ambition to become a leading logistics hub in Asia.
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