Marcos’ state visit in Malaysia hastened P3-B investment deal for railway projects — Romualdez

Speaker Ferdinand Martin Romualdez has said that President Ferdinand "Bongbong" Marcos Jr.'s state visit to Malaysia hastened the P3 billion investment deal between the Metro Pacific Investment Corp. and Malaysia’s Hartasuma Sdn. Bhd.

“Literally, because of the visit, the President’s presence in KL [Kuala Lumpur] hastened the progress of this agreement and three billion will be pledged for investments into the Philippines,” Romualdez said. The agreement aims to provide a framework for the cooperation between the MPIC and Hartasuma. Both parties will work together to identify potential joint development and joint venture collaboration on railway projects.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PH-Malaysia partnership in Halal industry a boon to job creation, business--RomualdezHouse Speaker Martin Romualdez believes that the partnership between the Philippines and Malaysia in the halal industry will generate more jobs and business opportunities for Filipinos.
Source: manilabulletin - 🏆 25. / 51 Read more »

$285-M investment pledges from state visit to Malaysia — Bongbong MarcosMANILA, Philippines - President Ferdinand "Bongbong" Marcos Jr. on Thursday said his state visit to Malaysia yielded up to $285 million worth of investment pledges. Marcos, in
Source: inquirerdotnet - 🏆 3. / 86 Read more »