Philippines (PSA): 2018 Direct Investment Ranking: China leads

Philippines (PSA): 2018 Direct Investment Ranking: China leads

Manila

March 18, 2019

Philippine Statistical Office (PSA): (See Table 1)

It is announced that the amount of foreign direct investment authorization in 2018 (the total of the amount approved by seven investment attraction agencies) is 67.9% over the previous year, at 1779 billion pesos (approximately 375.9 billion yen, 1 peso = approximately 2.1 yen)

Country / regional share:

China, which was eighth in the previous year, is 21.7 times more than PSO 50.7 billion.

The leader occupying 28.3% of the whole.

11 May 2018, Xi Jinping Zemin Philippines visit.

29 Memorandum of Understanding (MOU) pertaining to infrastructure and resource related projects signed.

Q4 China’s investment amounted to 48 billion pesos, accounting for 52.6% of the total.

Japan, ranked 1st in the previous year, dropped 38.3% to 19.7% of the price at 19.7%.

Singapore and Malaysia, which ranked 3rd and 15th in the previous year, advanced to 2nd and 5th respectively.

-JETRO

https://www.jetro.go.jp/biznews/2019/03/8a87c7cb743d33f2.html