President Ferdinand R. Marcos Jr. secures over USD 1.3 billion in investment pledges during his five-day official visit to the United States.
The President announces that the funds will potentially create 6,700 new jobs for Filipinos within the country.
"They are all committed to be part of this development journey that we have embarked upon. We will return to the Philippines with over USD 1.3 billion in investment pledges that have the potential to create around 6,700 new jobs for Filipinos within the country," he said.
According to the President, these investments will help support the country's economic recovery efforts and strengthen its economic environment.
"When realized, these investments will support our country’s economic recovery efforts and further strengthen the foundations of our economic environment. We expect even more investment that will materialize once these companies firm up their plans," he added.
American investors show their trust and confidence in doing business in the Philippines, seeing it as a promising investment destination.
The President notes that the discussions with the US business community affirm the optimism with which international investors view the Philippines today.
"The discussions that we had with the U.S. business community also affirm the optimism [with] which international investors view the Philippines today. It was a great pride that I received their praises for the talent, ingenuity, [and] work ethic of Filipinos, this has become the main driving force for bringing their investments to our country," Marcos said.
He emphasizes the talent, ingenuity, and work ethic of Filipinos as the main driving force for bringing investments to the country.
