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Villafuerte explains why Marcos state visits were highly-rewarding

Published Sep 9, 2022 10:20 pm

Highly-rewarding.

Camarines Sur 2nd Rep. LRay Villafuerte (left) and President Ferdinand "Bongbong" Marcos Jr. (Facebook, BBM Media Bureau)

That's how Camarines Sur 2nd district Rep. LRay Villafuerte described the recent back-to-back state visits of President Ferdinand "Bongbong" Marcos Jr. to Indonesia and Singapore.

According to Villafuerte, the President’s official trips "yielded better-than-expected outcomes, including almost P840 billion worth of combined investment pledges projected to create more than 15,000 jobs for Filipino workers, and deepened our ties with these two long-time Southeast Asian partners".

The trips, which took place from Sept. 4 to 7, were Marcos’s first as President.

Furthermore, Villafuerte said the trips enabled Marcos “to deliver this early on his SONA (State of the Nation Address) commitments to attract FDIs (foreign direct investments); create more jobs; strive for food and energy security; promote stronger, multi-faceted relations with other partner-countries; and advance the interests of OFWs (overseas Filipino workers)".

“The better-than-expected outcome of the President’s debut trips abroad has spruced up his standing on the global stage as our 17th head of state,” added the National Unity Party (NUP) president.

 

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“I am optimistic that under the President’s leadership, his administration will be able to complete soon enough the detailed work necessary to bring into fruition the investment pledges and proposals on defense, trade, energy, agriculture, e-commerce, housing and other fields that the President had secured," he said.

Villafuerte likewise cited the Chief Executive for taking time to meet with members of the Filipino communities in Indonesia and Singapore in order to thank them for their invaluable contribution to the domestic economy, and to assure them of the Marcos government’s full support for them under the newly-established Department of Migrant Workers (DMW).

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