President Rodrigo Roa Duterte urged Chinese businessmen to invest in the Philippines, promising an environment conducive to business.
“I want you to go to the Philippines, do business and I will create an environment which you will find comfortable,†the President said.
Duterte assured the investors that “there will be no hassles, no asking for money, no nothing and advised them that if the permit or the concession privilege about to be given is unduly delayed, report to him immediately.
According to Duterte measures are taken by the Philippine government to promote ease of doing business.
“We are strengthening domestic policies and regulations to promote ease of doing business…easy…and enhance the competitiveness of new enterprises and industries.”
Prior to his speech, President Duterte witnessed the exchange of $12.165 billion worth of 19 Philippines-China signed business agreements.
