Australian gov’t eyeing biz opportunities in Mindanao

THE Australian government is looking at the business opportunities in Mindanao after taking note of the latter’s economic growth.

Australian Ambassador to the Philippines Amanda Gorely said yesterday in the Business Lunch Forum at the Marco Polo Davao Hotel that the Mindanao has been one of the priorities of Australia’s development programs in the country as it is supporting in education, livelihood, peace and stability.

The Australian Embassy, in partnership with the Davao City Chamber of Commerce and Industry Inc. (DCCCII), organized the Business Lunch Forum.

“We thank DCCCII members for being here and for their interest in Australia and in fostering closer bilateral cooperation,” Gorely said. She said the presence of the entire Australian Trade and Investment Commission in the forum showed their strong support to begin a close engagement with the local chamber.

They, she said, is also looking forward to work with the local chamber “to share industry knowledge and expertise and identify business opportunities.”

The Australia and the Philippines have bilateral relations, as the country opened its Consulate General in Manila in May 1946. The two countries shared perspectives on regional, economic and security issues.

Both also forged joint declaration on Philippines-Australia comprehensive partnership in 2015, which provides framework to strengthen their ties in areas including defense, security, law enforcement, education and development assistance.

In a statement of Australian Embassy-Philippines, “trade ties between Australia and the Philippines are valued at approximately AU$3.982 billion per annum. More than 280 Australian companies have an established presence in the Philippines and have created 40,000 jobs.”

Australia’s Senior Trade Commissioner-Manila Elodie Journet said they hoped to bolster ties with the local business sector especially on their priority sectors such as education, agriculture and food, infrastructure, energy, healthcare and automotive.

The Business Lunch Forum, Journet said, is the starting point of their partnership with DCCCII.

Gorely also urged local mango producers and exporters to be the first exporters of Philippine mangoes and capitalize on the opportunity in exporting in Australia. She said this prompted with their on-going negotiations with the Department of Agriculture.

“I look forward to building on today’s event to foster closer commercial ties with Davao,” Gorely said. (By Kristianne M. Fusilero)

Posted in Business