Bilyonaryo Jaime Augusto Zobel de Ayala highlighted Ayala Corporation’s innovations in various fields in a business pitch to foreign investors during his recent trip to the United States.
At the sidelines of the Philippine economic briefing in San Francisco, California on November 15, Zobel de Ayala joined a panel on “advancing the future with industry, technology and innovation” with other ranking Philippine government officials.
“I offered my views on what makes the Philippines the destination of choice for investments,” he shared in a Facebook post. “I believe that consumption is the main driver for increased spending, acquisitions and [creation] of products and services to spur economic growth.”
Zobel de Ayala said Ayala Corporation is pursuing innovation in various fronts, with AC Motors taking the lead in pioneering sustainable mobility, and IMI partnering with a US-based firm to create high-powered electric motorcycles.
He said Globe Telecom has also teamed up with the Singapore-based ST Telemedia Global Data Centers for an eco-friendly data center in the Philippines that will be powered by renewable energy.