Testimonial: Mario Hardy, President of the Pacific Asia Travel Association (PATA)

"Statistics from CNN Money place the Philippines as the fourth most dynamic economy in Asia. Private consumption and employment are booming, boosting individual purchasing power. These factors make the Philippines an attractive destination for investors. The Philippines has enormous potential for both business and leisure tourism. This potential is underpinned by many years of political stability, which is a positive factor. In addition, the Philippines has a well-educated workforce with a good level of English. This has already encouraged the emergence of the IT and call centre sectors. If these assets are combined with a favourable investment policy for foreign companies, the country will easily be able to establish itself as a nerve centre for investors in the ASEAN zone, thereby accelerating its growth.