Sign up | Log in



Home  >>   Daily News  >>   Philippines News  >> Property  >> Foreign investors Eye Property Dev’t
NEWS UPDATES Asean Affairs   18 July 2013  

Foreign investors Eye Property Dev’t

The state-owned Bases Conversion and Development Authority (BCDA) said foreign real estate developers have expressed interest in investing in the Philippines.

BCDA President and CEO Arnel Paciano D. Casanova, who attended the recently-concluded 2nd Urban Land Institute (ULI) Asia Pacific Summit in Shanghai, China, said foreign investors cited the country’s investment grade status and for posting the highest GPD in the region.

Casanova, also the Chairman of the government’s Philippine Investment Promotions Plan (PIPP) Steering Committee, said the BCDA was the only non-Chinese exhibitor in the summit that gathered together some 400 real-estate developers in Asia-Pacific region.

“With the recent investment upgrade, sound economic fundamentals and the good governance being carried out by the Aquino administration, the country is now being seriously considered as an investment haven,” Casanova said.

He said the Aquino administration’s efforts in curbing corruption have played a key role in increasing investors’ confidence.

“We are now going towards the direction that the Philippines treats every business with fairness and transparency in a level playing field,” Casanova said adding that “good governance is good economics.”

 He reported that the BCDA team that attended the ULI summit highlighted the various properties of the BCDA group in Bonifacio Global City, Bonifacio South, Clark Special Economic Zone that includes the Clark Green City, Clark International Airport, the Poro Point Freeport that includes the San Fernando Airport and the Poro Point Seaport, John Hay Special Economic Zone, and the Atmanda Tourism and Leisure Park located inside the Bataan Technology Park at the Morong Special Economic Zone.

“We got an overwhelming response from various international real-estate firms on our properties and we expect them to visit the country soon to see for themselves the investment opportunities in the country,” Casanova said.

He said the BCDA is now focusing to create an environment that is friendly and open to foreign investors and tourists. He pointed out that BCDA is also aggressively promoting the development of the needed infrastructure for investors such as airports and seaports because these are the gateways for international businesses to come in. (BCM)

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    18 July 2013 Subsribe Now !
• Myanmar a ‘golden opportunity' for VN firms Subcribe: Asean Affairs Global Magazine
• Indonesia set to ratify haze treaty by early 2014 Asean Affairs Premium
• Media Freedom and Myanmar’s Reforms
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Myanmar set for stock exchange
• Foreign investors Eye Property Dev’t
• Polls scaring off new business: ministry
• Singapore June exports up 3.2% on May, but worries persist
Asean Analysis            18 July 2013 Advertise Your Brand
• Asean Analysis- July 18, 2013
• Asean Weekly: The Biweekly Update
Asean Stock Watch     17 July 2013
• Asean Stock Watch-July 17, 2013  

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand