• 2 days ago
DTI: More investments approved in 2024

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Transcript
00:00The Department of Trade and Industry or DTI announced investments approved under the
00:04administration of President Ferdinand R. Marcos Jr. reach Php 1.62 trillion,
00:10surpassing the 2024 target of Php 1.5 trillion. The amount is also higher than the approved
00:17investments last year worth Php 1.26 trillion. The energy sector, particularly the projects
00:24in renewable energy, saw the biggest growth, hitting Php 1.38 trillion. The Philippine
00:30Economic Zone Authority or PESA also exceeded its Php 200 billion target for the year,
00:35recording Php 214.17 billion in approved investments. Trade Secretary Cristina Roque
00:42attributed these achievements to strategic foreign trips by the chief executive,
00:47which helped attract more investments. PESA reported nearly half of its Php 2.84 billion
00:53investments for March 2024 came from these overseas efforts.

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