Photo: APECO Delegation with Honorary Consulate of Portugal in Manila
(10 March 2025, BGC) - As industry development lands in the Aurora Pacific Economic Zone and Freeport Authority (APECO), the investment promotion agency remains proactive in attracting global locators and investors by engaging with foreign dignitaries and key allies for bilateral cooperation. Originally a meeting scheduled to introduce investment opportunities in APECO to the Honorary Consulate of Portugal, Honorary Consul of Portugal Ramon Garcia Jr. found an opportunity of collaboration with APECO’s plan to construct and develop the existing APECO airstrip. Honorary Consul Garcia shared that he will endorse and connect APECO with Portuguese-based companies who are looking to expand their portfolio of feeder airports through an Operate, Maintain, and Manage (OMM) arrangement.
Under the proposed collaboration, APECO will complete its expansion plan for the existing airstrip, while the potential Portuguese-based investor will take charge of the airport's completion from design to operations. Through strategic discussions and diplomatic outreach, APECO hopes to realize its potential as a prime location for industries that are seeking to locate, to invest, or to expand in the Philippines. These efforts reinforce APECO’s commitment to becoming a hub for trade, logistics, and high-value investments.
The possible businesses engagement through the Honorary Consulate of Portugal underscore APECO’s growing reputation as a key destination for foreign investment. Being considered for such high-value infrastructure projects demonstrates improving investor confidence in APECO. The proposed partnership will not only strengthen APECO’s aviation developments but also signal the economic zone’s readiness to accommodate major international firms and larger-scope projects.
