South Australia: Sending SE Asia Trade Delegation to PH
According to South Australia’s State Development site, the Philippines has “experienced considerable economic growth and is one of the fastest growing in the South East Asia region.” Thus, the developing country has made it to the list of priorities of SA’s trade delegation. Other factors that won over SA are the country’s English-speaking and skilled workforce, and its focus on education.
Soon enough, a trade delegation from South Australia is to dock on the Philippine shores as part of its engagement strategy. According to SA Investment and Trade Minister Martin Hamilton-Smith last May 27 at a plenary breakfast at Makati Shangri-La, this delegation would be dedicated to making sure that this trade strategy will work for the benefit of both countries.
Among the many prospects for this close engagement is the provision for further education and training; professional services and development assistance; oil, gas and mineral exploration and associated services and technologies. This would certainly improve the country’s market place to attract more exporters. To add to that, Hamilton-Smith also said that they are keen to build their relationship with the Philippine government.
SA’s interest also stems from the fact that the two-way trade between the two countries amounts to at least $4 billion a year. There are also 9,000 Filipinos living in SA—who are mainly in the business sector, and about 10,000 Filipino students are studying in Australian tertiary institutions.
This will mark South Australia’s first business mission to the Philippines.