Dubai-based integrated business solution provider, Al Ansar Group, has expressed interest in establishing a manufacturing facility in the Philippines.
The company, which serves various countries across diverse sectors such as education, technology, and research and development, is considering expanding its operations in the country.
Ashraf Siddiqui, a representative of Al Ansar Group, highlighted the potential for the Philippines to become their primary manufacturing hub, as they currently import most of their items from Europe, America, and China.
Siddiqui’s remarks were made during a visit of Arab businessmen to the country, organized by the Philippine Economic Zone Authority (PEZA).
The visit aimed to encourage Arab companies involved in retail, agro-industrial, electronics, and real estate development to establish businesses in the Philippines’ economic zones.
The delegation explored various locations, including Iloilo, Guimaras, Antique, Laguna, Cavite, Batangas, Pampanga, and Bataan. ‘
PEZA plans to conduct similar tours for Middle Eastern businessmen in September and November, according to Joseph Timothy Rivera, PEZA Investment Promotions Partner.