PH offers $161-B infrastructure program to European investors
President Ferdinand Marcos Jr. Photo from PCO
MANILA, Philippines: President Ferdinand Marcos Jr. invited European businesses to invest in the Philippines and be part of his administration’s $161-billion infrastructure development program.
During the 2024 European-Philippines Business Dialogue and European Investors’ Night on Monday, Marcos told investors that the Philippines was offering a range of investment opportunities for public private partnerships (PPPs) under the multibillion dollar infrastructure development program.
“We also offer a range of investment opportunities for PPPs under our Build Better More program, which features 185 major infrastructure projects worth $161 billion,” Marcos said in a message delivered by Executive Secretary Lucas Bersamin during the event.
“This program is transforming our infrastructure landscape by offering public-private partnerships in renewable energy, waste management, transportation, and disaster mitigation. These initiatives will further enhance the Philippines’ attractiveness as an investment destination,” he added.