MikeLigalig.com

Executives of Ingram Micro, the world’s largest technology distributor, called on President Gloria Macapagal-Arroyo in Los Angeles today (Wednesday in the US) and committed to expand their business operations in the Philippines.

Press Secretary Jesus G. Dureza, in an interview over Radyo ng Bayan at noon today (Nov. 27), said Ingram Micro officials presented to the President their company’s business plans which include locating in the Philippines.

Dureza said Ingram Micro executives “look at the Philippines as a very fertile investment” haven and that their commitment to expant their business operations in the country despite the current economic crunch bodes well for the Philippines.

“Despite the financial crisis, yung world leader in technology (Ingram Micro), tini-tingnan pa rin ang Pilipinas (as an investment destination).”

“Despite (economic) slowdown concerns, the biggest technological player worldwide (told the President), mag-i-invest kami diyan (Philippines),” Dureza said.

He added that economic analysts he met in the US said that the worldwide financial crunch could even be advantageous to the Philippines, predicting that US companies may just start laying-off workers and then “outsource to the Philippines.”

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