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Closing Remarks by Ian Porter

Closing Remarks by Ian Porter

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Closing Remarks
Mr. Ian Porter
President, Australia New Zealand Chamber of Commerce of the Philippines
Managing Director, Cardno

Arangkada Philippines Second Anniversary Forum
Realize the Potential
February 26, 2013
Rizal Ballroom, Makati Shangri-La
Closing Remarks
Mr. Ian Porter
President, Australia New Zealand Chamber of Commerce of the Philippines
Managing Director, Cardno

Arangkada Philippines Second Anniversary Forum
Realize the Potential
February 26, 2013
Rizal Ballroom, Makati Shangri-La

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Categories:Types, Business/Law
Published by: Arangkada Philippines on Mar 18, 2013
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The Arangkada Philippines Project (TAPP) www.arangkadaphilippines.com
Closing RemarksByMr. Ian PorterPresident, Australia New Zealand Chamber of Commerce of the PhilippinesManaging Director, Cardno
I am Ian Porter, President of the Australia New Zealand Chamber of Commerce, thekey private sector group in promoting trade and investment between the threecountries.Mr. Speaker, on behalf of the Joint Foreign Chambers in the Philippines and all of theparticipants including those watching on our webcast, I thank you for such anexcellent keynote address. Your leadership has inspired us by demonstrating theability to carry forward an ambitious legislative agenda in the 15
Congress.We look forward to continuing the close partnership that you have helped forge between theJFC and the Congress. We are optimistic that you and your colleagues will beable to accomplish even more in the 16
Congress after it opens in late July. As JohnRidsdel said earlier and because we in ANZCHAM have many mining companies asmembers, I hope that you tackle the legislative foundation for E.O. 79as soon aspossible thereafter.I am sure you want me to acknowledge and express appreciation to our outstandingspeakers, in addition to Speaker Belmonte. May I ask you to save your applause untilthe end?1.
Former President Fidel Ramos – 
a great friend of the JFC and a real reformchampion – Congratulations!2.
Secretary of Trade and Industry Greg Domingo
gave a good overview ofprospects for investment and trade for 2013. The Secretary was very close last
www.arangkadaphilippines.comPage 2
year to predicting the final GDP growth and we are optimistic that he is rightagain. He has been working hard to eliminate obstacles and simplifyingprocedures for investment and trade.3.
Secretary of Tourism Mon Jimenez
provided us good vibes about the growth inthe tourism sector. We hope the needed infrastructure will be built fast enoughto cater for increasing demand.4.
Former Secretary Bobby de Ocampo
treated us to his wise commentary on thenational economic and business environment.5.
National Competitiveness Council Co-Chair Bill Luz
once again lifted our confidence and encouraged our support for his campaign to raise the countryinto the top ranks globally.6.
As one of my former bosses, I have the pleasure to thank 
Deputy DirectorGeneral RolyTungpalan
for giving us an overview of the government’s effort toensure the availability of necessary infrastructure.7.
Top media personalities in the Philippines ensured the highest level ofdiscussion. We thank 
Coco Alcuaz, Maria Ressa and LalaRimando
13 panelists
with their wide range of experience and expertise gavegenerously of their time and their views. Such private sector experts andinvestors are at the core of the Arangkada recommendations.9.
United States Ambassador Harry Thomas and USAID/Philippines Mission DirectorGloria Steele
, joined us at the beginning of the Forum to express the support ofthe US Government for Arangkada. The donor community, including AUSAID,are strong supporters of investment climate reform.10.
My last thank you is to my JFC colleagues who spoke today and for the staff ofAmCham, other JFC members and TeamAsia event management who haveput in many long hours over several months to make this event a great success.In particular, I want to thank John Forbes of AMCHAM.
Page 3
We must also thank the
33 experts who completed the assessment
of theimplementation of Arangkada recommendations. Many are anonymous, manyFilipinos mostly from the private sector...and many are well-known to most ofyou.12.
We must thank the
reporters and columnists from the media
who joined ustoday. They have an important role in ensuring coverage of Arangkada in thenews so as to bring better understanding and to promote reform. We invitethem all to attend the press conference to be held at the front of the ballroomimmediately after the Forum closes.
Let us give a round of applause for all our speakers, panellists, moderators, andeveryone who worked hard for this Forum.
Finally, all successful events must have participants. On behalf of the JFC, we wishto thank all of you today and, indeed, the many from around the world who tunedin to our webcast. We welcome your comments and questions which can be sentby email.
Wrap-up Conclusions:
There was too much material today for me to attempt to summarize, so I will not.The assessment is posted on the website. All speeches and transcripts will also beposted there, as will videos.In closing, I wish to highlight a few key conclusions that have emerged in our discussions:1.
Poverty remains stubbornly high in the Philippines
. The incidence of poverty inthis country has not declined significantly in decades, unlike other large ASEANeconomies. This means that millions of Filipinos are born into poverty each year.2.
Sustained and inclusive economic growth is a prerequisite to reduce thispoverty.
This has been clearly demonstrated elsewhere in Asia in Singapore,Korea, Taiwan, Malaysia and Thailand. Indonesia now has a rapidly growing

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