Foreign pledges materialize into $14 billion investments – DTI - Feb 16, 2024, Philippines, Asia Pacific Supplier, Supply, Supplies, Specialist

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Foreign pledges materialize into $14 billion investments – DTI

16 Feb 2024

A total of $14.2 billion worth of investments pledged during the foreign trips of President Marcos have already been actualized or have commenced implementation, the Department of Trade and Industry (DTI) reported yesterday.

In a statement, the DTI said the actualized investments as of December 2023 cover 46 projects, which span sectors such as manufacturing, information technology and business process management (IT-BPM), renewable energy, infrastructure, transport and logistics, agriculture and retail.

Manufacturing has the most number of projects, comprising 16 projects with a 35 percent share. This is followed closely by IT-BPM with 10 projects (22 percent) and renewable energy with nine projects (20 percent).

Read more:

https://www.philstar.com/business/2024/02/12/2332610/foreign-pledges-materialize-14-billion-investments-dti

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