News Formal

Marcos: Investment deals from Saudi Arabia to create 220K jobs for Filipinos

  • 📰 CNN Philippines
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

President Ferdinand Marcos Jr. said that several business agreements the Philippines has secured during his two-day visit to Saudi Arabia will provide job opportunities to approximately 220,000 Filipinos.

During his arrival speech on Saturday, Marcos said the Philippine delegation sealed investment deals in key sectors, such as healthcare, hotel and restaurant, and maintenance and operations, among others.

“These agreements are expected to generate more than $4.2 billion and an additional 220,000 jobs for Filipinos over the next few years,” he said. Marcos was in Saudi Arabia for the Association of Southeast Asian Nations-Gulf Cooperation Council Summit.The president said his administration will “continue to expand our partnerships abroad.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Marcos secures $120M business deals in Saudi ArabiaRIYADH: The Philippines has secured over $120 million worth of business agreements on the first day of President Ferdinand Marcos Jr.'s visit to Saudi Arabia.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Marcos secures $4.26B business deals in Saudi Arabia(UPDATE) RIYADH: The Philippines has secured around $4.26 billion worth of investment deals during President Ferdinand Marcos Jr.'s visit to Saudi Arabia that are expected to generate nearly 300,00 jobs for Filipinos up to 2030.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Marcos pushes Maharlika Investment Fund in Saudi ArabiaPresident Ferdinand 'Bongbong' Marcos Jr. on Thursday pushed for the Maharlika Investment Fund among business leaders in Saudi Arabia.
Source: gmanews - 🏆 11. / 68 Read more »