$285M investment pledges secured

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KUALA LUMPUR: President Ferdinand Marcos Jr.'s three-day state visit to Malaysia bore fruit as he locked in around $285 million in investment commitments following his series of meetings with Malaysian business leaders on the last day of his state visit here.

President Ferdinand Marcos Jr. Photo from PCOThe investment offers were in the food processing industry, multi-service digital platforms, aviation, aviation maintenance support services, logistics, manufacturing, infrastructure, water and wastewater treatment areas, which, he said, will have a valuable contribution to the economic growth of the Philippines.

4 percent, that is the first quarter, which is within the country's 6 to 7 percent target for the year,' the President noted.He gave assurances of his administration's unceasing support not only to prospective Malaysian investors but also to companies already operating in the Philippines.

 

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