Ayala Corp chairman urges US investors to expand in Philippines

Ayala Corporation Chairman Jaime Augusto Zobel de Ayala urged US investors to consider the Philippines for expansion projects due to its strong economic growth potential.

Zobel highlighted the country's consistent six percent annual growth rate, emphasizing that reaching eight percent or more is possible with aligned government and private sector efforts.

Despite global volatility, he noted that the Philippines remains one of Asia's most promising economies, supported by robust macroeconomic fundamentals and a young population.

Recent economic reforms have made the country more investment-friendly, including liberalized foreign investment policies in strategic industries and incentives for high-value sectors like technology and renewable energy.

Ayala Corporation continues to invest across key sectors such as real estate, banking, telecommunications, energy, healthcare, and electric vehicle infrastructure.

The US-Philippines Society meeting aimed to promote trade and investment, strengthen security ties, and foster people-to-people connections through educational exchanges.