In a Palace briefing, Pascual explained that significant investments take time to implement, while some may not materialize at all.
Pascual further said that there is normally a series of steps in investment decisions involving foreign direct investment. These steps that must be followed include expression of the interest; decision to explore the feasibility; feasibility study; among others. "Just like in any business, the selling job does not stop. Doing investment promotions, selling the country and that effort does not stop it. It’s not a one-time exercise," he added.
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