South China Sea natural resources could be a pillar of Philippine economy growth, Metro Pacific Investment Corporation Chairman says

Peace and Freedom

Manny Pangilinan, the chairman of the Metro Pacific Investment Corporation, said that the resources that South China Sea held could be a pillar of Philippine economy growth. File

MANILA, Philippines — Manny Pangilinan, the chairman of Metro Pacific Investments Corporation (MIPC), said that the resources in South China Sea could be one of the major pillars of Philippine growth as he called on the private sector to help the government in growing the economy.

During the BusinessWorld Economic Forum in Shangri-La at the Fort in Bonifacio Global Cityon Friday, Panglinan said that although not yet visible in the economic radars of businessmen, South China Sea held vast amounts of resources that could spur Philippine economic growth.

“The South China Sea and its resource potential are something that probably are not visible on our economic radars,” Pangilinan said in his…

View original post 678 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s