Marcos pitches Maharlika fund to Saudi Arabian business leaders

📆 19/10/2023 06:35 p. m.

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'We look forward to benefiting not just from Saudi investments, but the Kingdom’s intensive experience in managing such funds,' President Marcos says, referring to Saudi Arabia's sovereign wealth fund, which is among the world's largest

📆 19/10/2023 06:35 p. m.
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“At the forefront of these opportunities is the recently launched Maharlika Investment Fund , the Philippines’ first-ever sovereign investment fund designed to drive long-term economic development through increased investments in high-impact sectors,” Marcos said on Thursday, October 19, during a roundtable meeting on the sidelines of the inaugural summit between the Association of Southeast Asian Nations and the Gulf Cooperation Council .

Marcos brought with him in the ASEAN-GCC Summit his trade and finance secretaries, who also hyped the Maharlika fund and other opportunities in the Philippines to business leaders in attendance.

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