PH secures massive $22-billion investment pledges from China

Manila Bulletin 2023-01-05

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The Philippines has gained massive $22-billion investment pledges from the state visit of President Ferdinand “Bongbong” Marcos Jr. in China.

These investment commitments include USD 1.72 billion for agribusiness, USD 13.76 billion for renewable energy (RE), and USD 7.32 billion for strategic monitoring (electric vehicle, mineral processing).

Marcos concluded his three-day trip in Beijing, China on Thursday, Jan. 5, with several business meetings with various industries.

READ MORE: https://mb.com.ph/2023/01/05/ph-secures-massive-22-billion-investment-pledges-from-china/

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