Foreign investors, hinikayat na mamuhunan sa Pilipinas at maging bahagi ng Build Better More Program

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00:00 President Ferdinand R. Marcos Jr. has made the Philippines one of the countries

00:05 that has the fastest economy growth in the world.

00:09 In front of that, the foreign investors are not even the president

00:12 who will lead the country and be a part of the government's "Build Better More" program.

00:19 Alan Francisco will tell you in detail.

00:22 The Philippines is a center for the development and advancement of businesses.

00:29 This is what President Ferdinand R. Marcos Jr. said in the Indo-Pacific Business Forum in Taguig City.

00:35 That's why he encouraged foreign investors to lead the country,

00:39 particularly in being a part of the "Build Better More" program of the government.

00:43 More than 180 infrastructure priority projects are of value,

00:48 almost P10 trillion, are being targeted by the government.

00:52 With the public-private partnership code,

00:55 we have accelerated the delivery of critical projects.

00:59 Fostering economic growth and enhancing the quality of life for all Filipinos.

01:05 This landmark legislation makes collaboration between the government

01:09 and the private sector even more efficient.

01:12 The Philippines is also pushing to be a leader in talking about smart

01:16 and sustainable transportation in the Indo-Pacific region.

01:19 The President also mentioned the establishment of a major investment fund

01:24 that will make the country's commitment a good investment place.

01:28 As the Philippines occupies a strategic position in the Indo-Pacific,

01:32 we are leveraging our strategic geopolitical location,

01:36 economic engagements, and participation in regional agreements.

01:41 With this region accounting for over one-third of global economic activity,

01:46 this presents immense opportunities for our nation.

01:50 We are proud to be a major contributor,

01:55 with our GDP ranking amongst the fastest growing in the region,

01:59 coupled with our burgeoning population and significant trading outputs.

02:04 I am proud to share that our economic achievements have been outstanding.

02:09 Some of the Philippines' push for strategic partnerships is the Free Trade Agreement.

02:15 These agreements underscore our commitment to fostering economic growth

02:20 and international cooperation.

02:23 With RCEP, investors can access other markets from RCEP countries

02:28 by manufacturing and exporting their products from the Philippines.

02:32 There are also other game-changing reforms in the law

02:36 that can help support foreign investment.

02:39 Through these reforms, we assure you that the Philippine government is fully committed

02:45 to supporting and facilitating your business endeavors in our country.

02:50 We extend our hand in partnership and stand ready to provide any assistance

02:55 that you may require as you navigate the business landscape of the Philippines.

02:59 Meanwhile, the President also mentioned the implementation of the Luzon Economic Corridor,

03:04 strengthening the renewable energy sector, and the continuous digitalization initiatives.

03:09 The government also supports micro, small, and medium enterprises

03:13 to support sustainable business.

03:16 He said he is a special assistant to the President for Investment

03:19 and Economic Affairs, Frederick Goh.

03:21 The Philippines' leadership as one of the fastest-growing economies in the Indo-Pacific region

03:26 happened under the leadership of President Marcos.

03:30 It definitely links into the Marcos administration's efforts

03:33 to create an enabling environment of infrastructure for businesses to thrive.

03:40 We're doing everything that's needed to make the conditions

03:47 attractive to foreign investment.

03:50 Alan Francisco for Pabansang TV in the new Philippines.

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