Marcos reaps US$14.36bil in investment pledges abroad

Marcos Jr accompanied by his wife First Lady Louise Araneta-Marcos (right) with Singapore Foreign Minister Vivian Balakrishnanand his wife Joy Balakrishnan attending an orchid naming ceremony at the National Orchid Garden in Singapore on Sept 7, 2022. - AFP

MANILA (Philippine Daily Inquirer/Asia News Network): President Ferdinand Marcos Jr announced on Wednesday (Sept 7) that he was able to secure US$14.36 billion worth of investment pledges in his recently concluded inaugural state visits to Indonesia and Singapore this week.

These, he said, were in sectors of renewable energy, data centers, e-commerce, broadband technology, startups, government housing, and agriculture.