APEC finance delegates gather at historic hotel

TAGAYTAY CITY, Philippines  – Taal Vista Hotel, a historic destination in Tagaytay province, played host to deputies from finance ministries and central banks of Asia Pacific Economic Cooperation (APEC) member economies from March 3-6, 2015.

The Philippines is the host of APEC 2015, a series of meetings that culminate in the APEC Leaders’ Summit in November. The picturesque Taal Vista Hotel garden was among the chosen venues for the welcome dinner and cultural presentation presented by the APEC national organizing committee in cooperation with the Department of Finance. The gala dinner and show titled “Blissed Out in Tagaytay” featured performances from young Filipino artists handpicked by the APEC sub-committee on arts. 

Taal Vista Hotel general manager Walid Wafik expressed his pride saying, “We are extremely thrilled to be one of the hosts of the APEC meetings. My team and I are thankful for this opportunity to showcase our services, improved facilities and one of the most spectacular views of Taal Lake and Volcano.”

Delegates gathered at the landmark hotel to firm up the Cebu Action Plan and to discuss means to accelerate public-private partnerships (PPPs), which are seen as helpful in boosting job-generating investments. The 4th APEC PPP Experts Advisory Panel Meeting is just one of the many year-round APEC meetings for 2015.  These cover a wide range of issues related to development for the Asia-Pacific region.  The Philippines Finance Undersecretary Gil Beltran welcomed the delegates and expressed optimism on the outcome of the meeting.

The finance and central bank deputies were also expected to fine-tune the Cebu Action Plan during the three-day meet before its official launch during the APEC Finance Ministers’ Meeting, scheduled for September in Cebu City.

Taal Vista Hotel is a landmark hotel in Tagaytay City which very recently celebrated its 75th anniversary.  It is known for its view of Taal Lake and volcano. Taal Vista is  among many world class venues that SM has developed as part of its thrust to raise the bar higher in Philippine tourism.