MANILA, Philippines – Several Turkish companies have indicated interest to tap local partners for the distribution of their products and for other business opportunities in the Philippines.
In an email-message, Turkish Chamber of Commerce of the Philippines Inc. (TCCP) said the companies are set to meet with Philippine firms through a business matching activity on Aug. 27 at the F1 Hotel in Bonifacio Global City.
The visiting group is composed of the following firms: Ezinc Metal (solar water heater and storage tanks); Tuna Steel Doors (steel doors, interior doors and special doors); Envai (spices and condiments); Erkut Holdings (construction); Vendeka Group (information and communication technology products and solutions); S&L Fine Foods (importer of food from Europe and Australia); Altus Qualitas Trading Inc. (import and export of goods); JMJ Auction (household appliances and furniture); Erciyes Construction (construction) and Neva Trade (cosmetics and textiles).
The event is seen to present opportunities for companies for business; is likewise expected to help enhance the economic ties between the Philippines and Turkey.
The TCCP which is organizing the business matching activity, invites firms from Turkey regularly to come to the Philippines to explore opportunities here.
The TCCP also arranges business and leisure trips for Philippine companies to Turkey to allow them to see if there are opportunities for them there.
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Total trade between the Philippines and Turkey was valued at $171.37 million last year. Philippine merchandise exports to Turkey reached $42.18 million while imports from Turkey amounted to $129.19 million.
More foreign companies are expressing interest to visit the Philippines given its strong economic growth and improving business environment.