‎Philippines firms explore investment opportunities in Saudi Arabia

‎Philippines firms explore investment opportunities in Saudi Arabia ‎Philippines firms explore investment opportunities in Saudi Arabia

​‎

Riyadh city

Six companies from the Philippines, currently visiting Saudi Arabia, are exploring investment and commercial opportunities in the local market, mainly in the food manufacturing and personal care sectors.

Advertisement

Vince Liwanag, Commercial Attaché from the Philippines Embassy in Riyadh said these companies operate large manufacturing facilities in the Philippines and already export products to Saudi Arabia. One personal care company has branches in Riyadh and Dammam.

According to Al Eqtisadiah newspaper, Liwanag said the Philippines firms are planning to expand in Saudi Arabia by forming partnerships with major retailers, such as Panda Retail and Danube, amid rising demand for Philippine products.

Several Philippine companies are already investing in Saudi Arabia, including Jollibee and Chowking in the food sector, as well as Dammam-based EEI Corporation in the construction sector, Liwanag concluded.

 

Riyadh city

Six companies from the Philippines, currently visiting Saudi Arabia, are exploring investment and commercial opportunities in the local market, mainly in the food manufacturing and personal care sectors.

Vince Liwanag, Commercial Attaché from the Philippines Embassy in Riyadh said these companies operate large manufacturing facilities in the Philippines and already export products to Saudi Arabia. One personal care company has branches in Riyadh and Dammam.

According to Al Eqtisadiah newspaper, Liwanag said the Philippines firms are planning to expand in Saudi Arabia by forming partnerships with major retailers, such as Panda Retail and Danube, amid rising demand for Philippine products.

Several Philippine companies are already investing in Saudi Arabia, including Jollibee and Chowking in the food sector, as well as Dammam-based EEI Corporation in the construction sector, Liwanag concluded.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement