2 Jul 2009

Organizers of Guam trade mission in Manila report strong interest

11:14 am on 2 July 2009

Organizers of a Guam trade mission in Manila have reported strong interest from Philippine businesses in on-island investments.

Philippine companies attending include Petron, Philippine Long Distance Telephone Company, Dole Asia and the American Eye Center.

Guam businessman Peter Sgro says the fact that Guam is a part of the U.S. is helpful as is the military buildup but the conference also emphasised agriculture, aquaculture, real estate development and health care-related recruitment.

He says plans are also underway to create a Guam-Philippine Business Council.

The Pacific Daily News reports attendance at this week's conference exceeded the 150 limit of delegates.