GPCCI vows to back PH’s economic reforms
The GPCCI represented all German investors in this country during the special dinner given to Odenwald at the German ambassador’s residence in Makati.
Michael Odenwald’s visit was organized in response to an invitation of Philippine Transportation Secretary Arthur Tugade. Tugade is eyeing a partnership with Germany to solve some of the country’s road traffic woes.
GPCCI: A Potent Economic Force in the Philippines
Founded in 2008, the GPCCI supports the Philippine economy by bringing here investors from homeland.
“One of the main objectives of the Chamber is to further promote and enhance the business relationship between the Philippines and Germany,” said Tristan Loveres, President of GPCCI. Loveres also heads the TUV Rheinland Philippines, Inc., an international certification body.
Loveres also said that the GPCCI is expecting the Duterte administration to lead a stable foreign relations between Philippines and Germany.
“Now, we think that it’s the opportune time for German companies to invest in the Philippines,” he said.
The Duterte administration is exploring the possibility of sharing government projects with private corporations under the enhanced public-private partnership program (PPP). With the Philippine government’s renewed openness for joint ventures, the GPCCI believes that German businessmen will be given the opportunity to share their expertise.
“I strongly believe that German companies have the experience and expertise to support this development,” Loveres said, referring to the Philippine government’s goal of creating more employment opportunities and comprehensive infrastructure projects.
To date, the GPCCI helps aspiring German investors to establish their base here in the Philippines. Also, the GPCCI provides assistance to established German investors in the Philippines in terms of manpower training and dispute resolution.