PBBM foreign trips yield P4T investments

Transcript

00:00 All the president's trips abroad would have amounted to zilch if it didn't have any tangible impact to the economy

00:07 And the estimated 14 and a half billion in investments generated from his latest trip to Japan

00:13 punctuates a four trillion peso or

00:16 seventy two point one billion dollars worth of investments in

00:19 Various phases of the investment stages the Department of Trade and Industry reported earlier today

00:26 Most of these investments are broken down as follows investment promotion agency registered with operations

00:33 business or IPA registered IPA registration in progress assigned agreement with clear financial project value

00:41 signed memorandum of agreement or letter of intent and confirmed investments not under

00:47 MOU

00:49 LOI there are also 20 projects in manufacturing

00:53 renewables data centers and telecommunications under monitoring that have been registered with

00:59 IPAs of the DTI Board of Investments or BOI the Philippine Economic Zone Authority or PESA

01:06 out.