Investment pledges from Malaysia can produce 100,000 jobs—Marcos

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Over 100,000 job opportunities are expected to be generated once the $285-million investment pledges from Malaysia materialize. PBBMinMalaysia

“We don’t have a number as yet because we – kakapirma lang . So, we will have to make the assessments. But I’m talking at the very least tens of thousands if not over, more than 100,000 jobs here,” Marcos said in a post-state visit briefing in Kuala Lumpur on Thursday, July 27.

The chief executive also emphasized that the business leaders wanted to invest in the logistics, manufacturing, infrastructure, water and wastewater treatment facilities in the country. Marcos explained that the investment commitments would surely generate job opportunities especially during the construction phase of the various projects, and even during the operational phase.

“The downstream and upstream jobs will also increase and will maintain that job employment rate. So, when we start talking – when we start getting down to the details of the project, we can give you a better number in terms of jobs created,” he said.

 

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