$285M investment pledges secured

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$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.

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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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