Jun
28
A number of companies in Russia explore possibilities of investments in the Philippines. Already, some organizations conduct feasibility studies for possible joint venture projects in tourism, infrastructure, energy and telecommunications.
Russia’s private sector and government are also interested to learn the success story of economic zone facilities, the key of Philippines’ premiership among the world’s BPO (Business Process Outsourcing) market.
The active move of Cebu local government units (LGUs), both the Cebu Province and Cebu City to strengthen ties with Cities in Russia also fueled the strong interest of Russian investors and tourists to come to Cebu.