#2016PBIF - Key Quotes - Jeffrey Hardee: 'Caterpillar in the Philippines'
2016 Philippines Business & Investment Forum:
Over the past five years, the Philippines has gone from being known as the “sick man” of Asia to the region’s stellar performer, lauded by international investors and analysts as one of the most promising countries for future growth and investment.
As evidence, in 2013 the three major international credit rating agencies – Standard & Poor’s, Moody’s and Fitch - all raised the Philippines’ sovereign debt to an investment grade rating, the first time it has achieved this status. The country’s GDP grew at an average of 6.3 per cent from 2010-2014, the highest five-year average in the past 40 years. In order for the country to realize its potential over the next decade, the current consumer-driven expansion will have to change to investment-led growth. Although last year ́s $6.2 billion in foreign investment was the highest figure ever, more international investment is required in strategic areas such as infrastructure, manufacturing, energy, agriculture, education and healthcare.
The Philippines Business & Investment Forum in New York will bring together influential leaders from the Filipino government and private sector, along with their U.S. and relevant international counterparts for an in-depth analysis of the Philippine economic and political situation and the opportunities it holds for investors, both in capital markets and in industry.
Jeffrey J. Hardee, Executive Director Government & Corporate Affairs Asia Pacific, Caterpillar:
Jeffrey Hardee has worked in Asia for over 25 years and currently serves on the Board of Governors of the American Chamber of Commerce in Singapore and the Board of the US-ASEAN Business Council.
Prior to this, Hardee worked at Dell as Executive Director, Government Affairs, Asia Pacific. He led Dell’s policy work in the region and supported business units on business opportunities and strategy. He served on Dell’s Global Giving Council and was on the Board of the US Information Technology Office (USITO). Hardee also served as Vice President & Regional Director, Asia Pacific, Business Software Alliance (BSA). He directed BSA’s work on intellectual property, e-commerce and trade policy issues and managed BSA’s education and enforcement activities in the region. He spoke to the press regularly about software issues.
Prior to this, Hardee worked for the Motion Picture Association (MPA) as Vice President, Asia-Pacific. He handled market access issues for theatrical, video and television distribution and led efforts on legislation to protect copyrights and promote e-commerce. Hardee began his career at the U.S. Department of Commerce (USDOC) as a Presidential Management Intern (PMI) and went on to head the Malaysia/Singapore/ Brunei desk and subsequently the Taiwan desk. His last position with USDOC was with the Foreign Commercial Service at the U.S. Embassy in Jakarta, Indonesia.
Hardee has a bachelor degree in economics and political science from Duke University and a master of public affairs degree from the University of Texas in Austin. He currently serves on the Board of Governors of the American Chamber of Commerce in Singapore and the Board of the US-ASEAN Business Council. He is also a member of the B20 Infrastructure Taskforce. He was an Alternate Member for the United States on the Business Advisory Council to APEC (ABAC) 2013-2015.