Press Release & Industry News
PHL packaging, processing sectors get big boost
Remarkable growths in the economy such as in food exports (30 percent), food sales (8.6 percent) pharmaceuticals industry (3.9 percent), and a high GDP growth forecast have been needing an equally confident domestic packaging and processing sector.
“The packaging industry is critical to the growth of our domestic manufacturers. Through new packaging and processing technologies and methods, entrepreneurs and MSMEs will be able to extend the reach of their products and expand opportunities for both export and domestic consumption,” said Department of Trade and Industry (DTI) Secretary Ramon Lopez.
For instance, at the recent ProPak Philippines processing and packaging-focused B2B convention, trade experts underscored that food manufacturing is the Philippines’ strongest sector representing 65 percent of the manufacturing industry.
But the industry needs to upgrade technology and implement higher levels of automation, and these are being made available through the launch of ProPak Philippines.
ProPak Philippines was launched to a backdrop of a very strong industry and strong government objectives and initiatives. “Business opportunities for the processing and packaging industries abound, especially in the key sectors of food, beverage and pharmaceuticals, and new technologies, new products, services and knowledge are now presented via ProPak Philippines.” stated Justin Pau, project head of ProPak Philippines.
The event was strongly supported by the DTI, the Packaging Institute of the Philippines (PIP), the Dairy Confederation of the Philippines, the Production Management Association of the Philippines (PROMAP), the Philippine Printing Technical Foundation, the Association of Laguna Food Processors Inc., the Philippine Association of Food Technologies (PAFT), and other allied industries and associations.
Organized by UBM Philippines, ProPak Philippines drew over 9,000 attendees and raked in over USD8 million worth of new trade deals and investments, from among the 386 exhibitors from 30 countries including 9 international pavilions 9 international pavilions from China, Denmark, Germany, Italy, Korea, Singapore, Taiwan, Thailand and the UK.
The next ProPak Philippines will take place 5 to 7 February 2020 at World Trade Center, Metro Manila. For more information, including registration details, visit www.propakphilippines.com
For more details please contact Ms. Danah Castillo at +63 2 8581 1921 or through email at [email protected].
About ProPak Philippines
ProPak Philippines is organized by UBM, which, in June 2018 combined with Informa PLC to become a leading B2B information services group and the largest B2B Events organizer in the world. Please visit www.ubm.com/asia for more information about our presence in Asia.
About UBM AsiaUBM Asia recently became part of Informa PLC, a leading B2B information services group and the largest B2B Events organizer in the world. Please visit www.ubm.com/asia for more information about our presence in Asia.