LOOK!!! PBBM at the Report on Pledges and Agreements and signing of new business agreements

“This gathering marks a significant juncture where we revisit the pledges that were made, assess the progress that we have achieved and embark on new ventures to fortify the economic ties binding our nations,” President Ferdinand R. Marcos Jr. remarks in a roundtable meeting set in Tokyo, where new agreements are signed between the Philippines and Japan on December 18, 2023.



Speaking before various business groups, the President highlights the gathering as a testament to the unwavering commitment between the two countries in terms of fostering economic growth. 

“Our efforts to bring conversations on macroeconomic fundamentals and investment opportunities closer to the international business community underscore our commitment to driving growth in the 21st century economy,” he conveys. 

A total of nine (9) agreements are signed during the occasion that focus on areas of mutual cooperation such us energy, infrastructure and manufacturing, among others. The investment amount of these agreements are projected at US$263 million and is expected to benefit more than 15,000 people in terms of employment. 

The meeting is also an opportune time for President Marcos Jr. to get updates on the status of investment pledges that were inked during his previous visit to Japan last February, estimated to amount to US$13 billion and generate 24,000 jobs for Filipinos. 

“I would like to stress and reiterate to our valued partners here today, that we continue to listen to the issues that you bring up, to all your concerns, and suggestions on what needs to be done to continue supporting and ensuring the success of investments in the Philippines,” he said. 

“We take due note of the valuable feedback we receive from you and we work closely with the Congress to enact much needed legislation that we hope answer your needs and concern,” the President adds, noting the need to further establish a thriving investment ecosystem in the country. 

Moreover, the Chief Executive reaffirms the government’s commitment to build a dynamic and resilient future for Filipinos through effective legislations that will help achieve mutual economic growth between the Philippines and Japan. 

“I express my sincere gratitude to our Japanese partners and investors for their unwavering support and trust… Let us forge ahead, creating a future defined by resilience, innovation and shared prosperity,” President Marcos Jr. ends in his message.

Link: 

https://youtu.be/Q6_ExI5nqDc?si=8a-_mtUyaLYTqaYG