The three pillars driving the Philippine economic growth are consumption, investment, and exports. With the domestic economy gradually stabilizing and consumer power becoming increasingly robust, the Philippines' ability to attract foreign investment is growing stronger. Last month, the Philippine Exporters Confederation stated that 20 Japanese electronics companies have plans to build factories in the Philippines in 2016 to relocate their operations from China. The expected investment for each company ranges from 20 million to 100 million USD, creating a total of 25,000 jobs. Overseas investors interested in immigrating to the Philippines may consider investing in this sector.
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