President Ferdinand 鈥淏ongbong鈥� Marcos, Jr. and Private Sector Advisory Council (PSAC) Convenor and Aboitiz Group CEO Sabin Aboitiz during the 6-day working visit to the United States. (Image from PSAC)
MANILA, Philippines 鈥� President Ferdinand 鈥淏ongbong鈥� Marcos Jr.鈥檚 trip to the United States last week is expected to generate close to $4 billion in investments from multiple sectors, Malaca帽ang said on Thursday.
The Palace said business agreements and commitments secured in the US have an estimated investment value of $3.9 billion, with a potential employment generation of 112,285 jobs.
The investments will come from different sectors such as , data centers, and manufacturing.
Malaca帽ang, however, said that these estimates 鈥渄o not reflect the full potential of future investments鈥� from several companies whose representatives met with Marcos and the Philippine economic delegation in New York.
鈥淪ome companies had expressed interest in considering new or further investments in the country, but their plans have yet to be firmed up,鈥� the Palace said in a press release from the Presidential 黑料社 Desk.
Marcos went on a where he met with several US business executives in a bid to secure investments.
He also and Japan Prime Minister Fumio Kishida.