The Philippines can get as much as $100 million in annual investment opportunities from the government of the United Arab Emirates (UAE) and its private sector focusing on infrastructure and aviation facilities.
“The Philippines can now have access of up to US$100 million in yearly fund flows from the Abu Dhabi Fund to finance government priority projects in infrastructure and social support activities,” said Department of Foreign Affairs (DFA) Undersecretary for International Economic Relations Antonio Rodriguez.
In a statement Thursday, the DFA said this is possible through public-private partnership (PPP) projects under the Abu Dhabi Fund for Development.
These investment opportunities were disclosed by Abu Dhabi Fund director general Mohammed Saif Al Suwaidi, during the Philippines-UAE business meeting in Manila last week at the Makati Shangri-la Hotel.
The meeting was held at the sidelines of the recent visit of UAE Foreign Minister Sheikh Abdullah Bin Zayed Al Nahyan, on the occasion of the 30th anniversary of the establishment of diplomatic ties between the Philippines and the UAE.
During the foreign minister’s visit, Rodriguez and Philippine business leaders met with the UAE delegation, which included Al Suwaidi and Dubai Port World board chairman Sultan Ahmed Bin Sulayem.
Sultan Bin Sulayem expressed interests in pursuing partnership in tourism and aviation, and increasing economic ties between the two countries.
Board of Investments director Dennis Miralles and National Economic and Development Authority infrastructure staff director Kenneth Tanate was interested in pursuing PPP projects under the Abu Dhabi Fund.
At the same time, the government and private sectors can take advantage of the low financing costs available from the UAE development fund, said foreign affairs director for economic diplomacy unit director Eric Tamayo.
“Various businessmen conveyed their interest in undertaking collaborative projects with UAE businessmen in the areas of construction, architecture and design, ship crewing and manning, tourism, aviation, large-scale manufacturing, logistics and various other sectors,” Rodriguez added. — With Jerrie Abella/LRS/VS, GMANews.TV
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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