More Foreign Investments in PH seen at Sinosun’s Investment Conference

Source: HaiWaiNet

Foreign Investments in PH seen at Sinosun’s Investment Conference

SINOSUN Subic Bay Holdings Corporation (Sinosun) successfully held the recently-concluded Subic Development Investments Conference (SDIC) graced by ( fr L to R) Mr. Qin Renjie, Mr. Diederik Bijlsma, Mr. Kenneth Rementilla, Senior Deputy Administrator for Business and Investment Stefani Saño, Mayor Rolen Paulino, Dr. Samuel Lim, Captain Richard Johnson and Dr. Demian Ong.

SSBC Chairman Dr. Samuel Lim at the Subic Development Investments Conference

SSBC Chairman Dr. Samuel Lim at the Subic Development Investments Conference.

SINOSUN Subic Bay Holdings Corporation (Sinosun) has declared the recently concluded Subic Development Investments Conference (SDIC) a success.

The conference featured a broad range of general investments and discussions on key topics including commercial real estate, importance of investments in financial planning, conducive environment for blockchain and financial technology (FinTech) industry, compliance considerations and the current regulatory outlook.

Held at the Subic Bay Travelers Hotel & Event Center, the conference, graced by Subic Bay Metropolitan Authority (SBMA) Senior Deputy Administrator (SDA) Stefani Saño, OIC-Deputy Administrator for Investment Kenneth Rementilla and Olongapo City Mayor Rolen Paulino, brought together over 40 attendees, including state-owned enterprises, private investment firms, businessmen and individual investors from Malaysia and China.

Olongapo City Mayor Rolen Paulino

Olongapo City Mayor Rolen Paulino said “I will fully support all major projects by Sinosun for Olongapo in the future.”

SBMA Senior Deputy Administrator Stef Saño

SBMA Sr Deputy Administrator Stef Sano said he hopes that Sinosun will also consider establishing a “FinTech City” in Subic Bay.

SDA Saño represented SBMA Chairperson & Administrator Wilma Eisma, commented that more similar conferences should be held on a regular basis to introduce available investment opportunities in Subic Bay to international investors.

Sinosun is a consultancy and independent advisory company bridging international corporations and investors to the Philippines, particularly in Subic Bay and Cagayan Valley.

Citing Sinosun’s agreement with Cagayan Economic Zone Authority to promote the development of blockchain and financial technologies, Saño said he hope that Sinosun will also consider establishing a “FinTech City” in Subic Bay.

OIC Deputy Administrator Kenneth Rementilla at the SDIC

OIC Deputy Administrator Kenneth Rementilla at the SDIC.

OIC Deputy Administrator Rementilla’s presentation provided participants important information regarding the business landscape in Subic Bay, the advantages of locating in Subic Bay and the roles of SBMA to assist locators reach their goals.

Sinosun Chairman Dr. Samuel Lim also presented a master plan for the development of Subic Bay and Olongapo City including power generation, industrial parks, seaport for transshipments and tourism enhancement

As the majority of manpower in Subic Bay comes from Olongapo, Sinosun sees the importance of the development in the city that must go hand-in-hand with Subic Bay. Paulino expressed his appreciation to Dr. Lim for giving priority to the city’s development. “I will full support all major projects by Sinosun for Olongapo in the future”, said Paulino.

With our resilient due diligence, feasibility analyses and focus on risk management, Sinosun will continue to serve its clients' needs through investment options that offer unique diversification benefits they would not otherwise have access to.”

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