Marcos' foreign trips yield $23.6-B investment pledges—DTI

President Ferdinand “Bongbong” Marcos Jr.’s foreign trips this year yielded $23.6 billion of investment pledges, the Department of Trade and Industry said.According to DTI’s year-end report, Marcos’ visits to Indonesia, Singapore, the United States, Cambodia, and Thailand brought billions of pesos in investments as the administration gears toward aggressively attracting more foreign businesses to come to the Philippines.

The DTI’s performance report said the BOI and the Philippine Economic Zone Authority had a combined approved investment of P402 billion, which could generate some 54,217 local jobs. The BOI also generated 90 foreign investment leads with an estimated value of P204.9 billion which could entail 98,393 local jobs.

Pledges. Still waiting for action.

Please fix the NAIA airport urgently. The serpentine immigration queues, lack of digital infra, dilapidated structure, zero facilities (in T2), horrendous baggage belts, shortage of trolleys etc are really not in line with the tourism potential the country has. Have to upgrade

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Marcos Jr.’s trips yield $23.6B in investment pledgesPresident Ferdinand Marcos Jr.’s recent visits to five countries have yielded $23.6 billion in investment pledges, Malacañang said, citing the year-end accomplishment report of the DTI. | DYGalvezINQ DYGalvezINQ pledges? magkano lang kaya ang tunay na marealized na investment dyan…Parang si Digong lang. Ang resulta, naisahan lang tayo ng mga Chinese. DYGalvezINQ it is not possible to count Unilever 4.7B investment. Latak pa sya ng 6B Pesos during PNOY admin in late 2015. 6B at todays value is about 6.7B Pesos na dahil sa inflation and Forex. Pledges takes 2 or 4 Fiscal years to materialize if it is really true. It's like 10% probability DYGalvezINQ This reminds me of the days when Imelda Marcos visited other countries when she was still First Lady. History later revealed she only went ahopping for personal items.
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