THE Philippines will gain more from Taiwan's continuing moves to divert its manufacturing market from China, the chief of the Philippine Economic Zone Authority (PEZA) said on Sunday.
The Taiwan Plus One Strategy and New Southbound Policy make the Philippines a desired option as an investment hub. "With our bigger landmass, natural and human resources, the Philippines is an ideal alternative site for Taiwanese companies which are into domestic and export manufacturing," PEZA Director General Tereso Panga said. "We can very well facilitate the investments, and support the growth of Taiwanese and other global investors, since the Philippines is regarded as one of the best performing economies in the region."
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