Initial fleet of BMWs turned over to PH for APEC 2015
MANILA, Philippines – Asian Carmakers Corporation (ACC) turned over to the Asia-Pacific Economic Cooperation 2015 National Organizing Council (APEC 2015 NOC) a fleet of BMW vehicles to be used for this year’s Philippine-hosted APEC.
The ceremonial turnover, held at Malacañang's Kalayaan grounds on Wednesday, May 6, was attended by Executive Secretary Paquito Ochoa Jr, Foreign Secretary Albert del Rosario, APEC 2015 NOC Director-General Marciano Paynor Jr, and ACC president Maricar Parco.
As the government partner for the APEC Economic Leaders' Meetings, BMW will provide more than 200 units of the BMW 7 Series Long-Wheelbase Sedan and BMW 5 Series Sedan and Gran Turismo to transport APEC leaders and other dignitaries.
ACC, the official importer and distributor of BMW in the Philippines, will turn over to the government 25 units of the luxury sedans this month. After the APEC Summit in November, the BMW vehicles will be sold to the public.
A BMW 7 Series costs P5.5 million ($123,544.49) while a BMW 5 Series is worth P3.5 million ($78,643.09).
In his speech during the event, Ochoa said the ceremony brings the government and the private sector together to showcase the economic development of the country, and that of the entire Asia-Pacific region.
He added that the Philippines’ hosting of the APEC supports government's efforts to drive Philippine and regional economic growth by building sustainable and resilient economies, promoting investment in human capital, encouraging the participation of small and medium enterprises in global trade, and enhancing regional economic integration.
"May this ceremony serve as a reminder of our partnership, one which is strongly committed to becoming a driving force in 'Building Inclusive Economies, Building a Better World’," Ochoa said, echoing the APEC’s theme for the year.
For her part, Parco said the formal turnover of the BMW fleet reinforces the brand's commitment to foster economic growth, not only in the Philippines but also in the Asia-Pacific region.
BMW was named the official premium mobility partner of the APEC Economic Leaders' meetings through the signing of a memorandum of agreement between the government and the German carmaker in May 2014.
BMW will deploy its cars to the first high-level APEC assembly – the Ministers Responsible for Trade meeting – in Boracay, Aklan on May 23 to 24. – Rappler.com
$1 = P44.50