Speaker Ferdinand Martin Romualdez said the country would welcome Malaysian investors to the MIF, which seeks to establish a sovereign wealth fund and was signed into law last July 18. | FArgosinoINQ
In a statement issued on Sunday, Romualdez said that he will be part of President Ferdinand “Bongbong” Marcos Jr.’s delegation to Malaysia from July 25 to 27, and that MIF might be among the topics to be discussed with Malaysian businessmen.Romualdez explained that MIF is “not only beneficial but necessary” since the country is a “growing economy that needs to entice foreign investors to ramp up the improving and recovering local economy.
“Isipin mo na lang ‘to, kung mayroon kang kapital, ‘yung isang bansang may kapital, saan mo dadalhin? Eh ‘di siyempre dadalhin mo sa isang bansa kung saan mataas ‘yung growth, ‘di ba?” Romualdez said.
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