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BYSAMUEL P. MEDENILLA
BusinessMirror| MARCH 23, 2023
THE government is now eyeing the completion of 90 active investments leads from
Chinese companies to generate more business activities in the country.
“I am pleased to share that as of February 2023, the BOI, the Board of Investments is
monitoring 90 active investment leads from Chinese companies engaged in
manufacturing, information technology, business process management, and renewable
energy,” Marcos said his speech.
The Presidential Communications Office (PCO) noted the country secured the said
investment leads following Marcos’s visit to China in January with the help of the
FFCCCII.
The President urged FFCCCII members to take advantage of the pending investment
deals to further expand their businesses.
“May you all take hold of and maximize these prospects as you venture into your next
endeavors for the benefit of our people and for our communities,” Marcos said.
He said his administration has already addressed the concerns of FFCCCII, which
includes ensuring the country will have “sufficient power supply and lower electricity
costs.”
“As President, it is my duty to create an enabling environment for businesses and make
the Philippines a preferred investment destination for everyone,” Marcos said.
“In return, I only ask that you continue to do what you do best: to remain industrious,
innovative, and compassionate in improving the lives of our people through your
business initiatives,” he added.