PBBM approves over P4T worth of investments
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NewsTranscript
00:00President Ferdinand R. Marcos Jr. announced that 187 investment projects worth over 4 trillion pesos have been certified by the Bureau of Investments.
00:09The chief executive said that these investments will create promising jobs, a stable food supply and lower electricity costs for Filipinos
00:17and can be processed through the One Stop Shop Action Center for strategic investments.
00:22These investments cover key sectors such as renewable energy, food production, digital infrastructure and manufacturing.
00:29To further accelerate business processes, President Marcos Jr. underscored the Executive Order No. 18,
00:35which streamlines the processing of business licenses and permits to just 12 days through the Greenland Initiative.
00:42Additionally, the Create More Law enhances tax incentives and investment policies to attract both local and foreign businesses.
00:49The leader of the land also lauded government agencies and local government units, or LGUs,
00:55for their role in facilitating investments, recognizing institutions that provided efficient services,
01:01established Greenland focal points and swiftly addressed investor concerns.
01:25The goal is simple, less red tape, more action, more results.
01:32The goal is simple, less red tape, more action, more results.
01:51The goal is simple, less red tape, more action, more results.
02:00We want investments to come in, projects to break ground faster, jobs to reach our people
02:06sooner.
02:07Because when businesses move quickly, progress follows just as fast.