President secures $4b investment pledges from German businesses

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 55%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Defining the News

BERLIN—President Marcos secured investment agreements worth at least $4 billion or approximately P220 billion during his three-day working visit to Germany.

The investment deals were firmed up during the Philippine-Germany Business Forum here in Berlin, which was coordinated by the Department of Trade and Industry. Three memoranda of understanding were likewise signed: investment in a comprehensive solar cell manufacturing facility; a manufacturing enterprise for high-end customized automobiles andarmored personnel carriers for the Asian market; and the establishment of data centers hosting a digital insurance platform.

“Noting Germany’s interest in expanded labor cooperation to includeother Filipino skilled workers and professionals, the Philippines reaffirms our commitment to ensure the protection of the rights and welfare of Filipinos around the world,” President Marcos said. “This accomplishment not only reflects President Marcos’s dedication to advancing our nation’s economic growth but also underscores his steadfast commitment to serving the Filipino people,” said Romualdez, who is part of the President’s official delegation.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 20. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Philippines to secure $4B in investment deals from GermanyThe Philippines will bring home at least $4 billion in investment deals from Germany. The investment deals were made during the Philippine-Germany business forum in Berlin organized by the Department of Trade and Industry.
Bron: rapplerdotcom - 🏆 4. / 86 Lees verder »