MANILA, Philippines– President Ferdinand Marcos Jr. secured $446 million in investments during his inaugural state visit to India, signaling strong prospects for further economic collaboration between the two nations.
This first official trip aimed to deepen bilateral ties, with investments spanning sectors such as technology and infrastructure. President Marcos engaged with Indian business leaders, emphasizing the importance of these investments for the Philippines’ development and economic growth.
Both countries expressed optimism about future partnerships, highlighting the mutual benefits of expanding trade and investment. The secured funds are expected to create jobs and stimulate economic advancement in the Philippines.
Philippine officials remain committed to fostering a favorable investment climate to support long-term sustainability.
Further details of the investment agreements are yet to be disclosed, but the positive outcome underscores the growing confidence of Indian investors in the Philippines’ economic prospects.