DTI exec says Marcos' Japan trip fetched $10-B investment deals

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In a media forum, Trade Usec. Ceferino Rodolfo said that the DTI is tracking about $10 billion or around P500 billion to P550 billion in investment pledges from Marcos’ Japan trip, according to a statement released by the PCO.

A top official of the Department of Trade and Industry said Saturday that President Ferdinand Marcos Jr.’s official visit to Japan yielded about $10 billion worth of investment commitments.

“And we really credit a big part of that to the strong efforts of the President to promote the Philippines,” Rodolfo was quoted as saying. Rodolfo, meanwhile, said that once the Japanese companies see very strong Philippine opportunities, they will register with the Board of Investments , the Philippine Economic Zone Authority , Clark Development Corp. and the Authority of the Freeport Area of Bataan .

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