{
  "id": 6405139,
  "title": "Why European companies are betting billions on the Philippines now",
  "url": "https://urgent.news/2026/09/09/why-european-companies-are-betting-billions-on-the-philippines-now",
  "topic": "world",
  "section": "World",
  "published": "2026-09-09T09:03:02.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/world/asia/philippines/why-european-companies-are-betting-billions-on-the-philippines-now-1.500668264"
  },
  "original_language": "en",
  "account": "European companies are increasingly investing billions in the Philippines due to its large consumer market and expansive land area. The government has introduced incentives, extended land leases, and is developing economic zones and infrastructure to attract foreign investment. European firms, facing supply-chain risks and higher costs, are drawn to the Philippines for manufacturing, logistics, energy, and industrial services. The Netherlands dominates foreign investment with ₱50.74 billion, followed by Germany at ₱18.05 billion. Manufacturing accounts for 68.4% of approved foreign investment. The CREATE MORE Act and ARROW Act are streamlining tax incentives and infrastructure development, respectively, while extending lease periods to 99 years. Economic zones, like the Luzon Economic Corridor, offer infrastructure and incentives to connect factories with export markets. Security improvements aim to open new locations for investors beyond Metro Manila and Luzon.",
  "summary": "MANILA — European companies are taking a closer look at the Philippines. The country combines a large consumer market and a huge land area, equivalent to 7 times the size of the Netherlands. A new investment drive by the Manila government includes incentives, longer land leases, expanding economic zones and a growing network of roads, ports, airports and industrial corridors. Official data from…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}