Why are European companies betting billions on the Philippines now?
- European companies are investing in the Philippines for its young market, English-speaking workforce and manufacturing potential.
- Approved foreign investment hit ₱115.2 billion $2 billion in Q2 2026, up 68.2% from a year earlier.
- New reforms offer tax incentives, 99-year land leases and faster infrastructure approvals to attract foreign investors.
- Companies including Lufthansa Technik, TotalEnergies and Nestle are expanding in aviation, renewable energy and manufacturing.
Source: gulfnews.com
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