I want to thank PNBC for giving me this opportunity to share some updates from the Embassy.
Despite the challenges with the pandemic, I am encouraged by several Norwegian companies pursuing projects and investments in the Philippines. Undoubtedly this is more difficult in these circumstances, but the Embassy provides assistance when possible.
Norway’s presence in the Philippines has traditionally been focused on shipping and energy. Covid’s impact on the maritime sector is of great concern to all of us. As you know, the Norwegian Shipowner’s Association has recently opened a “quarantine hotel” for its members in Manila to ensure the safe boarding of Filipino seafarers on Norwegian ships.
In the energy sector we are confident that since the need for energy in the Philippines is widely distributed, demand will continue to grow.
Looking forward, we remain optimistic for the Philippines as a country. The population is young, and the fundamentals for continued growth are in place. I recently read a forecast predicting that those who are in their 50s today, may live to see a Philippine economy larger than that of Spain! A highly capable population, beneficial demographics and proximity to rapidly developing countries – all will help propel the Philippines forwards.
For the members of PNBC, the Embassy remains a loyal supporter. Our door remains open. We are here to help.
We encourage all PNBC-members to follow the advice from the authorities on how to limit the spread of the virus, and we look forward to the day where we can again meet in person to exchange views, experiences and chica-chica.
Amb. Bjørn Jahnsen
Royal Norwegian Embassy in Manila