British investments expected after Iloilo Trade Mission

British Chamber of Commerce Philippines (BCCP) chairman Chris Nelson (Photo by Iloilo Metropolitan Times/ Mary Hope Torrechante)

Iloilo can exepect investments from the United Kingdom after a trade mission, according to Chris Nelson, chairman of the British Chamber of Commerce Philippines (BCCP).

“The sure answer is yes, there will be investments. It may not be today but our plan is to work it,” said Nelson in a press conference on Thursday at Richmonde Hotel in Mandurriao district.

The Iloilo Trade Mission is organized by BCCP in partnership with the Department of Trade and Industry (DTI), Iloilo Provincial Government and Iloilo City Government.

Nelson said the two-day trade mission is a way for british businessmen to get know Iloilo.

“Our role is to exchange so we keep on presenting UK companies. We certainly made the UK businessmen much more aware of Iloilo.”

“It is about time that we give focus and attention to companies to see the potentials of Iloilo. This event is already the beginning. It’s a start.”

Nelson is hoping for a long term relationship with Iloilo.

“We will continue our relationship with Iloilo as we continue our relationship with Davao. It’s about long term relationship. Business in general is about building roots and it’s expanding all that. Well, we intend to do that,” he said.

Meanwhile, United Kingdom Ambassador to the Philippines Daniel Pruce said investors are interested investing in the infrastructure sector in Iloilo.

“UK has got great strengths in companies that already engage in infrastructure projects across the country and engineering expertise.”

Pruce described Iloilo’s economy as “very dynamic and expanding.”

Pruce served as keynote speaker at yesterday’s Iloilo Trade and Investment Forum.IMT