DAVOS, Switzerland: Former president and House Senior Deputy Speaker Gloria Macapagal-Arroyo joined President Ferdinand Marcos Jr. in enticing foreign investors who attended the World Economic Forum .'In one sentence, the Philippines is an excellent investment destination. We will welcome you,' the former president said.In an interview with Radio TV Malacañang, Macapagal-Arroyo underscored the importance of the WEF where political and business influencers meet.
Marcos, she added, understands the importance of the partnership between the government and the private sector for economic growth 'That means that our economy is stable and as such we have a good economic forecast this 2023,' Macapagal-Arroyo said.Marcos' participation in the WEF resulted in investment pledges from Morgan Stanley and logistics firm DB World, which committed to expand their operations in the Philippines.