Africa's biggest economy eyes business opportunities in PHL

January 30, 2015 1:54 am 

MANILA, Jan. 29 — Africa's largest economy, Nigeria, eyes stronger trade ties with the Philippines as it will explore opportunities here through a business mission.

The country's largest business organization, Philippine Chamber of Commerce and Industry (PCCI), stated on Thursday that there will be a 30-man business delegation coming from Nigeria this weekend.

The delegation was organized by the Federal Ministry of Industry, Trade and Investment of Nigeria and the Nigerian Associations of Chambers of Commerce, Industry, Mines and Agriculture.

PCCI Chair Miguel B. Varela noted that the business mission of Nigeria in the country will be composed of high-level officials both from public and private sectors.

He added that the delegates are eyeing partnerships in the sectors of maritime, tourism, healthcare, oil and gas, power and alternative energy, business process outsourcing, housing and construction of malls, among others.

On the other hand, Philippine Economic Zone Authority (PEZA) Director-General Lilia B. de Lima and Information Technology and Business Process Association of the Philippines (IT-BPAP) president and CEO Jose Mari Mercado will be presenting incentives offered by the government and prospects in the IT-BPO sector in the country, respectively.

Aside from business meeting, PCCI will also organize one-on-one business networking session for Nigerian and local firms to explore possible tie-ups.

The business matching session will take place on Monday, February 2.

Interested parties may call PCCI at 846-81-96 local 131 or at

Meanwhile, Nigerian and Philippine business organizations will ink a memorandum of agreement to strengthen economic relation of the two countries. (PNA)



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