(ALI VICOY / FILE PHOTO / MANILA BULLETIN)
Indian Ambassador to the Philippines Shambhu Kumaran and First Secretary Nishi Singh paid a courtesy visit to the PEZA head office last week to discuss business opportunities in the Philippines for Indian investors.
There are currently around 28 Indian companies registered in PEZA. Of these, 21 are registered as information technology-business process outsourcing (IT-BPO), five as manufacturing, and two under various enterprises.
“The past year has been a bit of a setback to everyone but I feel that fundamental trends indicate that the Philippine economy continues to grow positively and energetically into the future,” Kumaran said during his visit.