MANILA, Philippines—India is interested to join the Duterte administration’s “Build, Build, Build” program as both countries find ways to enhance economic cooperation.
Top Indian companies, including Adani Infrastructure, GMR Group, Larsen and Toubro Limited, IRCON International Limited, Rail India Technical and Economic Service and Shapoorji Pallonji Infrastructure Capital Company, are set to present their investment interests and capabilities, at an online investment forum this week.
The online forum, jointly organized by the Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, and the New Delhi-based Chamber of India Industries, will be held on Feb. 18.
Finance Secretary Carlos Dominguez and Transportation Secretary Arthur Tugade will lead the Philippine presentation team. Projects in the transport sector will highlight the forum, the PCCI said.
Indian ambassador to Manila Shambhu Kumaran and Philippine Ambassador Ramon Bagatsing Jr. will also present opportunities for expanding economic ties between the two countries.
The Build, Build, Build program is the Philippine government’s centerpiece infrastructure modernization plan which aims to generate employment and buoy the economy.
Philippine and Indian companies are encouraged to join the Zoom event at https://forms.gle/5U2Y3AkNKbSaWRxg9 or contact pcci@philippinechamber.com.
The Philippines and India share more than 70 years of diplomatic relations, which was established in 1949.