Luring investors a priority for govt

01 Feb 2024
EFFORTS are being made to make the country more attractive to investors and address concerns over recent tax reforms and continued bureaucratic inefficiencies, the country's new economic czar said.
Frederic Go, chief of the just-minted Office of the Special Assistant for Investment and Economic Affairs, told a briefing on Wednesday that he was pushing various programs and reforms. 

Sectors that the government wants to be made more attractive to investors include mining, electronics, agriculture and pharmaceuticals.

''For semiconductors and microelectronics, we are targeting to boost what we are already good at: more assembly, more testing and more packaging, and to grow the higher value-added product, which is design and perhaps a prototype of a wafer fab,'' he added.
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