Posted 3/10/2024, 8:11:00 AM
Philippines Attracts $14B in Foreign Investments Since July As Marcos Jr. Woos Global Partners
- Philippines netted $14.2B in foreign direct investment (FDI) since July 2022, showing recovery from COVID-19 pandemic
- FDI projects in manufacturing, IT-BPM, renewable energy, infrastructure, transport, agriculture, retail
- Manufacturing has largest share of FDI projects with 16, followed by IT-BPM with 10
- Marcos Jr.'s overseas trips yielding results in securing investments
- Recent Australia trip secured 12 business agreements worth P86B; upcoming trips to Germany, Czech Republic
