The seven members of the Joint Foreign Chambers (JFC) of the Philippines held the first day of their 2-day virtual Arangkada Philippines Forum via Zoom.
The forum’s theme this year is Pathways to a Better Future. More than 50 private and public sector leaders are expected to identify policies and programs to put in place during the decade of the 2020s as the Philippines regains its economic vitality as the pandemic fades.
Today, a panel discussed “Pathways to Economic Recovery and Beyond” that looks at the key growth sectors of the Philippine economy and prospects for high levels of foreign investment. Another panel took a hard look at infrastructure modernization in airports, bridges, power, rail, roads, seaports, telecommunications, and water as a result of the Duterte Administration achieving sustained annual spending of 5% of GDP on infrastructure. The third panel discussed “Pathways to an Educated and Healthy Workforce” to highlight the challenges facing the country’s youth to prepare them to succeed in the more sophisticated economy of tomorrow. The day ended with an important address describing the coming effects of climate change and possible remediation strategies.