Marcos keynotes WEF Country Roundtable

The Manila Times

Marcos keynotes WEF Country Roundtable  Following his keynote message at the World Economic Forum (WEF) Country Roundtable on the Philippines, President Ferdinand R. Marcos Jr. engages participants in a question and answer at the Kalayaan Hall in Malacañan Palace on Tuesday, March 19, 2024.   Video Courtesy of RTVM  Video Courtesy of RTVM  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe   Visit our website at https://www.manilatimes.net     Follow us:  Facebook - https://tmt.ph/facebook   Instagram - https://tmt.ph/instagram   Twitter - https://tmt.ph/twitter   DailyMotion - https://tmt.ph/dailymotion     Subscribe to our Digital Edition - https://tmt.ph/digital     Check out our Podcasts:  Spotify - https://tmt.ph/spotify   Apple Podcasts - https://tmt.ph/applepodcasts   Amazon Music - https://tmt.ph/amazonmusic   Deezer: https://tmt.ph/deezer  Tune In: https://tmt.ph/tunein  #themanilatimes  #philippines #bbm  #economy

Transcript

00:00 We just signed with them, they formed a consortium to improve our airport, which has been judged

00:08 as being one of the worst airports for many years.

00:12 So we're about to change that, that's part of the physical connectivity we talked about.

00:17 But also, because of tourism, the contribution of tourism to the economy is a significant

00:24 number.

00:26 So we are hoping to continue that.

00:28 So that is precisely one of the best examples that we have of a partnership between government

00:38 and the private sector.

00:41 And this is one of the, I believe, despite being the largest PPP that we have ever entered

00:48 into, it is, it was, we were able to process the entire, we were able to go through the

00:56 entire process in record time.

00:59 And that's what we try to keep hoping for, to make sure that the roadblocks that are

01:04 unnecessary that really have been part of the evolution.

01:11 One of the things that really happened here was that many things were instituted during

01:15 the pandemic that no longer apply.

01:18 And we have to remove those again and redesign, as it were, the economy.

01:25 And so one of those areas is PPP.

01:29 And thus far, I believe we have been successful in attracting that kind of arrangement.

01:39 However, we do not limit ourselves to that.

01:44 We are, we look to G2G arrangements.

01:48 We look to purely commercial joint venture arrangements between private corporations.

01:56 And so that is our way of opening, as I said, the economy.

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