After moving to China in 2005, FedEx set to return ASPAC hub to the Philippines.
This is a welcome and timely development as we endeavor to continuously improve logistics and industrial movement in the country to attract relocating businesses and Taiwanese investments in light of the current global trade conflicts.
WASHINGTON, D.C. – American logistics giant FedEx Corp. is reestablishing its Asia Pacific hub back to the Philippines after it abandoned the country over 10 years ago and relocated its operations to Guangzhou, China.
Philippine Ambassador to the US Jose Manuel Romualdez told visiting journalists FedEx is one of the American companies that have expressed interest in returning to the Philippines due to the US-China trade war.
Romualdez said Bases Conversion and Development Authority president and chief executive officer Vivencio Dizon is set to announce the return of FedEx “but in a bigger scale” at the Clark International Airport in Pampanga soon.
“FedEx is going to be operating a big hub in Clark. That is a big win for us. Hopefully that would be the magnet that will make other companies start looking at the Philippines,” Romualdez said.
Read more: Philippine Star
ABOUT PTIC TAIPEI
The Philippine Trade & Investment Center in Taipei is the Commercial Affairs Section of the Manila Economic and Cultural Office and the representative office of the Philippine Department of Trade & Industry in Taiwan