Air Asia pledges $1B investment for PH

مصر أخبار أخبار

Air Asia pledges $1B investment for PH
مصر أحدث الأخبار,مصر عناوين

MALAYSIAN low-cost airline AirAsia has pledged to invest $1 billion for the expansion of its operations in the Philippines, Malacañang said Friday.

Presidential Communications Secretary Cheloy Garafil said Capital A Berhad Chief Executive Officer Tan Sri Anthony Francis Fernandes made the commitment in a roundtable meeting with the President in Malaysia.'The Philippines is continuously reaping the fruit of the recently concluded three-day state visit of President Ferdinand R. Marcos Jr.

The President, who returned Thursday night from a three-day state visit to Kuala Lumpur, said that he secured some $285 million worth of investment pledges from businesses in leaders in Malaysia in the fields of food processing, multi-service digital platforms, aviation and aviation maintenance support services, logistics, manufacturing, infrastructure, and water and wastewater treatment, among others.

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