INFRASTRUCTURE IS one of the key business element foreign investors look for when venturing into business activities such as investments in any economy.
The reason is that it more like making the foreign investors with business lenience, meaning that existing assets are already there to assist the operation of the business investment.
SEZ Technical Expertise (STE) from the Philippine who is in the country to partake in the finalisation of the country’s SEZ Bill, Mr Rex Chan made the statement when questioned on some of the pull factors that can attract investors for investments.
Mr Chan said that the importance of quality infrastructure in any SEZ, is that it can lead to effective productivity where the company can generate out of its business activities within the economy.
He stated that investors can do minor infrastructure activities such as road constructions.
Mr Chan said the government needs to establish major infrastructures like wharf or seaport, airports, bridges and other infrastructure assets.
He added that some other areas such the availability of resources and how well the resource owners organise themselves to embark on with the SEZ as well as the availability of labour force or man power to take on the work.
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