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German Companies Eager to Invest in the Philippines

German Companies Eager to Invest in the Philippines

German companies are keen on investing in the Philippines; for the best immigration information, please visit the official WorldWay investment immigration website.

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Follow Philippines Investment Immigration and Philippine Economic news: Germany is the Philippines' largest trading partner in Europe, with a trade volume of 38.1 billion euros in 2012. Germany imported 22.9 billion euros from the Philippines, with exports primarily consisting of electronic products and electronic engineering machinery, totaling 15.2 billion euros.

German Companies Eager to Invest in the Philippines

According to Nadine Fongde, General Manager of the German-Philippine Chamber of Commerce and Industry, German companies find the Philippines to be an attractive investment destination. With a well-educated workforce and a market of nearly 100 million people, an increasing number of German companies are eager to invest in the Philippines, and those already invested are looking to expand their operations.

Currently, the Chamber of Commerce plans to introduce Germany's dual vocational education system, collaborating with the Philippine government and local businesses to cultivate talents that meet the requirements of both local and international companies.

Investment involves risks, the above information is for reference only

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