Key resources:

As a country consists of more than 7000 islands Philippines has a lot of resources for attracting
foreign investors to invest.

Tropical climate: Philippines has a warm tropical climate. Which is very suitable for
coffee & cocoa production. Philippines coffee industry amounts to US$4,439m &
cocoa industry amounts to US$160.9m in 2020. This industry can be a suitable
option for foreign investment.

Cocoa plantation Coffee plantation

Another resource is Philippines
Abundant stretch of coastlines: Philippines is the fourth-biggest shipbuilding
nation in the world. Its abundant stretch of coastlines provides ocean
access for building and repair while the considerable water depth allows
the building of large ships. Export-oriented shipbuilding is a substantial
contributor to the Philippine economy. It accounted for 2.6% of Philippine
exports, or $1.5 billion in 2015. The two largest foreign-owned exporters
are Hanjin and Tsuneishi are responsible for nearly all exports. Which is
why investing in shipbuilding industry can be another option.
Skilled labor: The Philippines workforce talent pool is highly competitive,
English-proficient, adept at technology and has short learning curves. Which
is why the semiconductor and electronics manufacturing industry is the
biggest economic growth driver in the Philippines. It composed of
semiconductor manufacturing services firms (73%) and electronics
manufacturing services (EMS) firms (27%).From January to September
2019, total electronics exports grew to $32.22 billion which accounts for
61.3% of the Philippines’ total exports. So, investing in semiconductor and
electronics manufacturing industry can also be another good option for
foreign investors. My next group member will talk about geographical
location of Philippines.