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PBBM, hinikayat ang foreign leaders at investors na mamuhunan sa Pilipinas;
PTVPhilippines
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10/10/2024
PBBM, hinikayat ang foreign leaders at investors na mamuhunan sa Pilipinas;
Ilang programa ng administrasyon, ipinagmalaki ng Pangulo
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Transcript
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00:00
Aside from talking about security, President Ferdinand R. Marcos, Jr. in the ASEAN Summit
00:06
also led the government to make it easier for people to live here in the Philippines.
00:11
From Laos, Clayce Alpardilla is returning to Detail Live. Clay?
00:16
Rise and shine Audrey, rise and shine Philippines.
00:20
President Ferdinand R. Marcos, Jr. is proud of the government's programs
00:26
for sustainable manufacturing. He said this in the ASEAN Business and Investment Summit
00:33
in the 44th and 45th ASEAN Summit and related summits here in Vientiane, Laos.
00:42
The Philippines is an ideal hub for smart, sustainable manufacturing.
00:48
So let me put on my salesman's hat for just a while
00:53
and invite you to explore the investment opportunities that are on offer.
00:58
President Ferdinand R. Marcos, Jr. encouraged foreign leaders and investors to move to the Philippines.
01:06
The President said this in his address at the ASEAN Business and Investment Summit
01:12
in Vientiane, Laos, People's Democratic Republic.
01:15
President Ferdinand R. Marcos, Jr. targets companies that manufacture batteries,
01:20
energy equipment, data centers, and agribusiness.
01:24
He highlighted the Philippines' aggressive efforts in the sectors of infrastructure,
01:29
manufacturing, agriculture, and digital economy that are ideal for smart and sustainable manufacturing.
01:37
President Ferdinand R. Marcos, Jr. promoted the administration's programs
01:42
to become one of the fastest-growing economies in Asia.
01:46
For example, the construction of the Manila International Airport,
01:50
the construction of the island provinces, and the construction of the ports.
01:55
The government is also investing in fast internet and telecommunications
02:00
in various provinces to provide access to remote areas.
02:04
The skill of one and a half million workers in the digital economy
02:09
is why the Digital National ID is being implemented for the government's fast availability of services.
02:15
The Executive Board also agreed to the construction of flood control projects to prevent floods
02:21
and the proliferation of renewable energy sources,
02:25
which is why it is important for those who want to drive electric vehicles.
02:29
For us, connectivity is a necessity and building resilience is a means of survival.
02:37
From building roads that connect provinces to establishing digital infrastructure,
02:43
we understand that true connectivity transcends physical links.
02:48
We ensure the seamless flow of goods, of services, of people, leaving no one behind.
02:55
The government is also making policies to encourage investors,
03:00
such as the Internet Transaction Act, reforming the Public-Private Partnership,
03:05
and advancing the Create More Act, which gives incentives to businessmen.
03:10
It also speeds up the process for those who want to start a business.
03:13
Developing connectivity and resilience within ASEAN is more than just optimizing value chains.
03:20
It is about upholding inclusive growth that uplifts every region, every community, and every citizen.
03:29
In the second quarter of 2024, Php 189.5 billion was approved for foreign investments in the Philippines.
03:39
The Marcos Administration hopes that this will result in a more vibrant economy
03:44
and will provide more opportunities and jobs for Filipinos.
03:51
Audrey, President Ferdinand R. Marcos, Jr. was immediately inspired by foreign investors
03:58
because in his Facebook post, President Marcos announced that he will invest in a company
04:04
that makes fiber cement from Thailand.
04:07
This investment is important for the Philippines, Audrey,
04:11
because it will bring more opportunities for our Filipinos, especially in terms of jobs.
04:20
Aside from this, Audrey, this will also help reduce the amount of fiber cement produced.
04:28
This means that in the Philippines, fiber cement will be produced.
04:36
That was the latest from Vientiane, Laos.
04:39
Back to you, Audrey.
04:42
Thank you very much, Claysel Ferdinand.
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