Speaker Ferdinand Martin Romualdez discusses a private business agreement anticipated to invest US$3 billion in the Philippine transport sector, a major achievement of President Ferdinand “Bongbong” R. Marcos Jr.’s state visit to Malaysia.
MANILA, Philippines–The Philippines and Malaysia have bolstered their relationship after President Ferdinand Marcos Jr. visited Kuala Lumpur, with Malaysian leaders pledging up to $285 million in investments in the Philippines.
These investments are projected to generate over 100,000 jobs and livelihood opportunities for Filipinos, as Speaker of the House Ferdinand Martin Romualdez explains.
Romualdez shares that Marcos was highly regarded among top Malaysian businessmen they met during the three-day state visit, as they presented the Philippines as an ideal investment hub.
“They perceive him as a statesman, and even the prominent businessmen here find him humble, approachable, and open,” Romualdez said.
In addition to the investment pledges, Romualdez highlights that Marcos’ state visit further enhanced the personal ties he has with Malaysia’s current leaders and the longstanding partnership between the two countries.
“The relations between the two countries are very warm,” Romualdez said, noting that Marcos is a close personal friend of Malaysia’s King, Al-Sultan Abdullah, and Prime Minister Anwar Ibrahim.
Romualdez emphasizes that President Marcos has garnered international attention, particularly in the ASEAN region.
(This article was generated with the assistance of artificial intelligence and reviewed by an editor.)
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Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
Denial of responsibility! Samachar Central is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
