PTIC-Paris' Commercial Counsellor and Director Katrina Banzon (center) alongside industry experts during the panel discussion: Supporting Critical Minerals to Manufacturing Value Chains
PTIC-Paris’ Commercial Counsellor and Director Katrina Banzon (center) alongside industry experts during the panel discussion: Supporting Critical Minerals to Manufacturing Value Chains 

The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center in Paris (PTIC-Paris)—its representative office based in France covering Italy—advances the Philippines’ trade and investment agenda centered on sustainable growth and industrial transformation in two side events of the 58th Asian Development Bank (ADB) Annual Meeting held in Milan, Italy from 4 to 6 May 2025. 

At the ADB-organized Side Event: “Supporting Critical Minerals to Manufacturing Value Chains”, held on 6 May 2025, PTIC-Paris’ Commercial Counsellor and Director Katrina Banzon highlighted the unique position of the Philippines as a reliable partner in the global supply chain for clean energy and technologies. She underscored the country’s rich endowment of critical minerals, the importance of sustainable and responsible mining practices, business friendly policies, and investment-ready areas such as the Leyte Ecological Industrial Zone. While the country’s critical minerals reserves remain highly untapped, she placed emphasis on and encouraged upstream investments that contribute to regional and global value chain diversification, particularly in support of solar energy, electric vehicle, battery/ energy storage, and semiconductor manufacturing. 

This discussion sparked interest from various international stakeholders, including firms from Germany and France, as well as development partners such as the United Nations Industrial Development Organization (UNIDO), among others, reflecting the growing recognition of the country’s position as the world’s supplier of nickel and other green minerals, and role in the transition to green, sustainable, and resilient economies. ♦

Date of Release: 19 May 2025