Marcos secures P804.78-B investment pledges from Indonesia, Singapore

  • 📰 sunstaronline
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 59%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

PRESIDENT Ferdinand “Bongbong” Marcos Jr. said Wednesday, September 7, 2022, that a total of $14.36 billion or P804.78 billion worth of investment pledges were secured during...

PRESIDENT Ferdinand “Bongbong” Marcos Jr. said Wednesday, September 7, 2022, that a total of $14.36 billion or P804.78 billion worth of investment pledges were secured during his state visits in Indonesia and Singapore.

* Plan of Action between the Government of Republic of Indonesia and the Government of the Republic of the Philippines from 2022 to 2027; In a business roundtable meeting, MOUs and Letters of Intent, including the $822 million worth of investment pledges in textiles, garments, renewable energy, satellite gateway, wire global technology, and agri-food; $7 billion in infrastructure for unsolicited private-public partnerships such as a C-5 four-level elevated expressway; and $662-million trade value for the supply of coal and fertilizer were also inked.

* Renewal of the MOU on Water Collaboration between the Metropolitan Waterworks and Sewerage System of the Philippines and the Public Utilities Board of Singapore. “We all shared the view that in this time of geopolitical turmoil and uncertainty, unity, mutual respect, and the principle of sovereign equality should always prevail in our efforts to uphold peace and stability and an environment conducive to our continued national development,” he added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

$8B investment pledges from Indonesia visit—PalacePresident Ferdinand Marcos Jr. has secured $8.484 billion worth of investment pledges from his state visit to Indonesia. Press Secretary
Source: MlaStandard - 🏆 20. / 55 Read more »

Philippines' Marcos touts $14 billion investment pledges from 'fruitful' overseas tripPhilippines leader Ferdinand Marcos Jr has touted his first overseas trip as a success that secured investment pledges of $14 billion, as the son of the country's late ruler eyes economic gains to get his presidency off to a strong start. During visits this week to Indonesia and Singapore, Marcos met leaders of government and commerce and declared the Philippines open for business, inviting private capital to upgrade and expand roads, airports and seaports in the archipelago of 110 million people.
Source: YahooPH - 🏆 22. / 51 Read more »