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Dyson pledges Php 11 billion investment and 1,250 jobs in meeting with PBBM
President Ferdinand R. Marcos Jr. met with the officials of Dyson, a Singaporean-based multinational tech company. Dyson committed to invest Php 11 billion in the country, which will generate around 1,250 employees and will move more contract manufacturing into the Philippines by the middle of 2024.
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The Philippine government can expect enhanced collaboration with the government of Singapore as a fruit of the promising discussion between President Ferdinand R. Marcos Jr. and Prime Minister Lee Hsien Loong, and Deputy Prime Minister Lawrence Wong over the weekend.
Nakasama ni Pangulong Ferdinand R. Marcos Jr. sa Singapore ang mga opisyal ng Valiram Group, isang Malaysian retail specialist, para pag-usapan ang plano ng kumpanya na magtayo ng duty-free retail outlets sa mga airport ng Pilipinas sa susunod na limang taon.
India’s GMR Group has expressed interest investing in the Philippines particularly in airports, roads and energy projects as the Marcos administration embarks on an ambitious infrastructure development through the “Build Better More” program.
President Ferdinand R. Marcos Jr. urged businesses in Singapore to consider the Philippines as their investment hub for renewable energy as he laid out the government’s efforts to lower electricity rates in the country.
President Ferdinand R. Marcos Jr. invited foreign businesses to invest in the Philippines as he emphasized that the country is open for business and is ready to partner with them in shaping a brighter future for everyone.
