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Report
DTI: More investments approved in 2024
PTVPhilippines
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12/31/2024
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Transcript
Display full video transcript
00:00
The Department of Trade and Industry or DTI announced investments approved under the administration
00:05
of President Ferdinand R. Marcos Jr. reach 1.62 trillion pesos, surpassing the 2024 target
00:12
of 1.5 trillion pesos.
00:14
The amount is also higher than the approved investments last year worth 1.26 trillion
00:19
pesos.
00:20
The energy sector, particularly the projects in renewable energy, saw the biggest growth
00:25
hitting 1.38 trillion pesos.
00:27
The Philippine Economic Zone Authority or PESA also exceeded its 200 billion peso target
00:32
for 2024 recording 214.17 billion pesos in approved investments.
00:38
Trade Secretary Cristina Roque attributed these achievements to strategic foreign trips
00:42
by the chief executive which helped attract more investments.
00:46
PESA reported nearly half of its 2.84 billion pesos in investments for March 2024 came from
00:52
these overseas report efforts.
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0:42
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