MADRID, SPAIN — Asian Consulting Group (ACGlobal) advanced efforts to deepen Philippines–Spain economic relations through a high-level courtesy meeting with the Philippine Embassy in Spain, reinforcing a strategic partnership with the Embassy and the Philippine Trade and Investment Center (PTIC) Madrid to attract more Spanish investments into the Philippines.
Hosted by His Excellency Ambassador Philippe J. Lhuillier, the meeting focused on strengthening economic diplomacy, expanding business collaboration, and positioning the Philippines as a preferred investment destination for Spanish companies seeking opportunities in one of Asia’s fastest-growing economies.
Joining the meeting were Deputy Head of Mission and Consul General Mark Francis C. Hamoy, Consul Dyan Kristine Miranda-Pastrana, Commercial Counsellor Althea Karen P. Antonio, and PTIC Consultant Carlos Javier Barcelon, together with the ACGlobal delegation led by Mon Abrea, Global Tax Policy Expert and Chief Tax Advisor.
The discussions highlighted investment opportunities arising from the implementation of the CREATE MORE Act, the 2026 Strategic Investment Priority Plan (SIPP), the Luzon Economic Corridor, the Philippines’ Upper-Middle-Income Country status, and the country’s continuing reforms to improve the ease of doing business and strengthen investor confidence.
“Spain has long been one of the Philippines’ closest friends. Today, we have an even greater opportunity to transform our historic relationship into stronger economic partnerships that generate investments, quality jobs, innovation, and sustainable growth,” said Abrea.
He added, “Working closely with the Philippine Embassy and PTIC Madrid enables us to connect Spanish investors with the right opportunities and government partners. Together, we are committed to translating strong bilateral relations into concrete investment projects that benefit both our countries.”
The meeting also explored closer collaboration with Spanish businesses in renewable energy, infrastructure, transportation, advanced manufacturing, tourism, agribusiness, digital technology, logistics, and business services—industries where Spain’s global expertise complements the Philippines’ long-term development priorities.
The Madrid engagement forms part of ACGlobal’s 2026 Europe Investment Mission, following strategic investment discussions in Paris and ahead of engagements in Milan. The mission aims to strengthen partnerships with governments, chambers of commerce, business organizations, multinational companies, and institutional investors across Europe.
Building on the leadership of the Philippine Embassy in Spain and PTIC Madrid, ACGlobal remains committed to supporting the Philippine government’s investment promotion efforts by connecting global investors with opportunities created by the country’s economic reforms, competitive investment incentives, and long-term vision for inclusive and sustainable growth.
“The Philippines rises. The world invests. Spain is an important partner in that journey.”
