Thursday, November 29, 2012

Malaysian investors in the Philippines

Malaysian investors have been invited to tap the immense resources and business opportunities in Mindanao, especially in the area of agriculture, infrastructure and mining.

Philippines Ambassador to Malaysia J.Eduardo Malaya said at present most Malaysian companies are operating in Metro Manila in the services and infrastructure sectors.

Among the Malaysian companies are Resorts World, MTD Capital, Maybank and Berjaya Corporation.

"Mindanao has largely untapped resources. In fact, the area is even more fertile, and very suitable for agricultural activities," Malaya told reporters after opening the "Investors Networking Forum for Mindanao" here Thursday.

He said a lot of fast track land is available for oil palm, rubber and coffee plantations as well as marine culture, including seaweed production. 

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