The Philippine government is pitching the Luzon Economic Corridor to investors and for them to pursue projects in the Philippines.
During the 6th Indo-Pacific Business Forum in Taguig on Tuesday, Trade Secretary Alfredo Pascual emphasized that now is the right time to invest in the Philippines.'The current administration in the Philippines is very much committed to grow the country and grow it with investments coming from, of course, local investors and foreign investors,' Pascual said during a plenary discussion.
Pascual also said that a grant from the US Trade and Development Agency's could possibly fund the feasibility studies intended for the Luzon Economic Corridor.'They just need to produce what they're going to do, we won't spend anything,' the trade chief said, adding that the amount of the USTDA grant has not yet been disclosed.'They will handle the commissioning but, of course, in coordination with us,' he said.President Ferdinand Marcos Jr.
Promotes Luzon Economic Corridor To Foreign Investors
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