If you’re an investor looking to venture in foreign markets, it’s important to make sure that you are well-equipped with all the right information and plans before making that huge leap. There are many ways in which foreign direct investment or FDIs can undertake a business within the Philippines. Some may wish to directly obtain a company and expand its reach to a new country while others may simply want to acquire a share of a corporation. In any of these scenarios, businessmen alike must first be prepared to take the proper steps that will help ensure the success of their plans.
To add to this, entrepreneurs planning to partake in a foreign direct investment must consider various factors before undertaking an important project such as an FDI. First, it’s essential to take a look at the market you’re planning on entering. According to an article from Business World, “Data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday showed that FDI net inflows climbed by 46.3% to $893 million in February from $611 million in the same month in 2021… as the further reopening of the economy lifted investor confidence…” This goes to show that the Philippines is indeed a good target for foreign direct investors and the projection is expected to reach higher peaks as the country continues to reopen its borders. Aside from surveying the market, FDIs should also study other types of investments that they might encounter such as providing administration, technological and other needs.
Taking all of these into consideration, the Center for Research and Communication (CRC) is certainly the right partner to tap as it offers tailored Consultancy Services for Investors in the Philippine Market. Being the research and consultancy link to Philippine business opportunities, CRC’s deep knowledge of the Philippine landscape through its numerous partnerships and networks in both the private and government industries will prove helpful in your business endeavor. To name a few, CRC has been involved in industries like the Digital Sector, Energy, Food and Agribusiness, Infrastructure and Industry as well as Transportation and Logistics.
CRC is also a partner of the Department of Local and Interior Government in pushing for constitutional reforms to liberalize the restrictive economic provisions in the 1987 Constitution. Dr. Bernardo M. Villegas, Director for Research of CRC, and one of the framers of 1987 Constitution, has been an advocate of amending the restrictive economic provisions, citing it as very urgent to enable more FDIs in strategic industries for long term capital. During Session 1 on “Opening the Economy for Recovery” of the Series of Economic Fora on FDIs organized by DILG in partnership with CRC, Dr. Villegas stated that:
“Amending restrictive economic provisions is very urgent. We have to remove restrictions preventing foreing direct investments in public utilities, telecommunications, mass media, advertising, and in higher education – because these are the most strategic industries for long term capital, especially now that our country is over-borrowed.”
What makes CRC’s services unique is its ability to put together a comprehensive consultancy package for investors seeking to invest in the country. From finding local partners and providing briefings on Philippine regulations and ways of business to evaluating the demand for products and the technical requirements for setting up shop, CRC can be your key partner in the quest for a foothold in the Philippine market. This includes a mix of various consultancy services offered by CRC such as feasibility studies, compliance with the legal aspects of investing in the country, demand and supply analysis, partnership development, project impact evaluation and customized solutions for data analytics and insights generation for domain-specific cases, design thinking applied to domain-specific operational processes and development of business strategies for specific industries.
Partner with us and let CRC help determine the best course of action for you and your goals. To get in touch, message +639054280727 or email [email protected].
The Center for Research Communication (CRC) is the research and consultancy link to Philippine business opportunities, uniquely poised to help you with business feasibility evaluation, demand and supply analysis, partnership development, project impact evaluation, value chain analysis, customized solutions for design thinking, data analytics and insights generation, and development of business strategies, and consultancy services for investors in Philippine market.