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The Philippines is keen to partner with Dubai-based global logistics giant DP World in developing the country’s logistics sector
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Trade Secretary Alfredo Pascual recently met with DP World representatives, which has expressed interest in investing in logistics hubs
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DP World last January committed to expand and invest in the Philippines, and eyes setting up an industrial park in Clarkfield in Pampanga
The Philippines is keen to partner with Dubai-based global logistics giant DP World in developing the country’s logistics sector, according to the Department of Trade and Industry (DTI).
Trade Secretary Alfredo Pascual recently met with representatives from DP World, which has expressed interest in investing in logistics hubs and an industrial park in the Philippines.
“We see significant economic potential in collaborating with DP World to develop the Philippines’ logistics sector, including industrial parks, economic zones, and digital solutions,” Pascual said in a statement.
“We are committed to fostering an environment that encourages such partnerships by creating policies that promote sustainable development, foreign investment, and innovation in the logistics sector,” Pascual added.
DP World in a meeting with President Ferdinand Marcos Jr. last January committed to expand and invest in the Philippines. In particular, the logistics company eyes to set up an industrial park in Clarkfield in Pampanga.
DP World has developed industrial parks in Senegal, Egypt, India and Pakistan, and has ventures in the United Arab Emirates. It operates over 150 ports worldwide and is also a strategic foreign shareholder of Manila South Harbor and Batangas port operator Asian Terminals Inc.
“The Philippine government, through the DTI, remains firmly committed to supporting businesses and investments,” Pascual said.
Aligned with the vision of the Philippines becoming Asia’s next logistics hub, the administration launched the “Build, Better, More” program to prioritize strategic infrastructure investments. The program focuses on the modernization initiative to develop seaports, airports, and railways to enhance essential gateway accessibility and foster innovation.
DTI said the Philippines is attracting foreign investments through various initiatives that can provide a comprehensive support system for companies like DP World. The Corporate Recovery and Tax Incentives for Enterprises Law offers flexible incentives, while the amended Public Services Act allows greater foreign ownership in critical sectors.
