President Ferdinand "Bongbong" Marcos Jr. announced that the Board of Investments is monitoring 90 active investment leads from Chinese companies
Marcos announced this as he spoke at the 33rd Biennial Convention of Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. on Thursday, March 23. Marcos also thanked the FFCCCII officials for their participation during his state visit to China, which, he said, has paved the way for the signing of various agreements to improve bilateral trade and investment cooperation between the two countries.
"You have also not failed to reach out to many communities with your initiatives particularly the Operation: Barrio Schools [and] Operation Bakuna. We deeply appreciate your assistance in conducting medical missions and typhoon and earthquake relief operations," he said. During his speech, he mentioned the government's goal to ensure sufficient power supply and lower electricity costs to promote more investments in the energy sector.