Filipino businessman interested in establishing investments in Paraguay - .::Agencia IP::.

Asunción, Agencia IP.- Filipino businessman Jet Ambalada, owner of one of the most important battery manufacturing plants in the Philippines and Asia, expressed particular interest in producing vehicle batteries. He also highlighted the advantages Paraguay offers to investors. The Deputy Minister of Industry, Marco Riquelme, and the President of the Paraguayan Animal Health and Quality […]

Asunción, Agencia IP.- Filipino businessman Jet Ambalada, owner of one of the most important battery manufacturing plants in the Philippines and Asia, expressed particular interest in producing vehicle batteries. He also highlighted the advantages Paraguay offers to investors.

The Deputy Minister of Industry, Marco Riquelme, and the President of the Paraguayan Animal Health and Quality Service (Senacsa), José Carlos Martin, welcomed Ambalada, who owns one of the leading battery factories in Asia.

Ambalada’s visit coincides with the arrival of a Filipino sanitary delegation to Paraguay. The delegation is tasked with auditing Paraguayan beef in view of its potential export to the Asian country.

«The investor is extremely interested in learning more about the opportunities Paraguay has to offer and will remain in the country throughout the week. We consider this an exciting and attractive opportunity from every point of view,» stated Riquelme.