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

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Marcos’ state visit in Malaysia hastens 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.

 

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