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Wednesday, March 11, 2009

ESP32. Role of Foreign Investment Committee (FIC)

  • to formulate new guidelines to reflect its new role of monitoring investments at the makro level
    • adopting a more liberal approach to bring positive changes and nurture a more investor-friendly environment to attarct more investment, including FDIs
  • at micro level - guidelines focusing only in sectors of national interest
    • ports, airports, defence, public transportation, telecommunication

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