French Ambassador to the Philippines Marie Fontanel has lauded efforts to enhance the investment climate in the Philippines, saying investing in the country has now become much easier.
Fontanel made this remark as he welcomed Senator Erwin Tulfo’s plans to revisit the mandate of the Anti-Red Tape Authority (ARTA) under Republic Act No. 11032, or the “Ease of Doing Business and Efficient Government Service Delivery Act” through a Senate resolution.
“It’s a great achievement for your team. Investing in the Philippines has become much easier compared to before, thanks to improvements in the ease of doing business,” Fontanel said during her courtesy visit to Tulfo at the Philippine Senate on Tuesday.
During their meeting, Tulfo and Fontanel discussed ways to strengthen economic cooperation and explore foreign investment opportunities between the Philippines and France.
The meeting focused on key sectors such as transportation, infrastructure, sustainable tourism, and regional development, particularly in Palawan.
Tulfo, vice chair of the Senate Committee on Foreign Relations, underscored the government’s commitment to improving the ease of doing business in the country.
Among the investment opportunities discussed was the potential development of major infrastructure projects in Palawan, including the proposed construction of a shipyard and a railway system that will improve mobility from north to south of the island.
Tulfo expressed interest in collaborating with French companies, which are globally recognized for their expertise in railway construction.
“We are looking into the possibility of building highways or an expressway from north to south in Palawan. This would serve both local and international tourists. A feasibility study could help determine its viability,” he said.
Tulfo also highlighted Palawan’s potential as a hub for sustainable tourism and logistics, positioning it as a strategic gateway for regional and international investments.
The meeting marked a continued push to deepen Philippine-French relations, particularly in trade, infrastructure, and regional development –reflecting both countries’ shared commitment to long-term partnership and inclusive growth. (PNA)