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Int’l business community invited to WEF event in Manila

January 18, 2024 Jester P. Manalastas 155 views

SPEAKER Ferdinand Martin G. Romualdez has invited the international business community to the forthcoming World Economic Forum (WEF) Roundtable to be hosted in Manila by President Ferdinand R. Marcos Jr. in March this year.

This special event will showcase the country’s distinct advantages as a prime destination of foreign investments.

Romualdez, head of the Philippine delegation to the WEF 2024 Annual Meeting, extended the invitation in his closing remarks as one of the featured guests during the “Learning from ASEAN” session at the World Economic Forum Annual Meeting live panel discussion hosted by CNN anchor Julia Chatterley.

Romualdez was joined in the panel discussion by Pham Minh Chinh, Prime Minister of Viet Nam, Srettha Thavisin, Prime Minister of Thailand, and Ngozi Okonjo-Iweala, Director-General of World Trade Organization (WTO), Geneva.

“I see an ASEAN Parliament like the EU, I aspire for that . That has been an aspiration of the ASEAN ever since its inception,” Romualdez said when asked how he sees the Southeast Asian bloc five or ten years from now.

“And to see the seeds of that we invite you to Manila this March 18 to 19. Manila and the Philippine President Ferdinand Marcos, Jr. will be hosting the World Economic Forum CEO Round Table.

You will get a glimpse of our aspiration of an ASEAN Parliament,” Romualdez added.

The WEF Country Roundtable on the Philippines, scheduled to be a special in-person event, is likely to take place at the Malacanang Presidential compound in Manila.

The event hopes to welcome more than 50 representatives both from local and international companies and organizations with a special focus on foreign funds and investment companies who are interested in exploring opportunities related to the Maharlika Investment Fund.

Organized within the context of sustainability, examining the linkages between digitalization, infrastructure development, and the energy transition. It will be the first high-level roundtable to be convened in the Asia-Pacific region since the end of the pandemic.

Romualdez said the event will be a great opportunity to bring together representatives from the public and private sectors.

“As such, CEOs from international and Filipino corporations will be able to share experiences and discuss government initiatives and areas of collaboration with international and local government officials,” Romualdez said.