ADVERTISEMENT
Manila Bulletin devider Philippines devider National devider Marcos secures $21-B US investment pledges for PH industries, jobs

Marcos secures $21-B US investment pledges for PH industries, jobs

Published Jul 24, 2025 06:36 am

At A Glance

  • In his recorded arrival statement, the President said the pledges were made during a series of high-level business meetings in Washington, covering key sectors including infrastructure, semiconductors, clean energy, digital technology, and healthcare.
President Marcos announced that he had secured over $21 billion in new investment pledges from top American companies following his meetings with US trade and business leaders this week.
Malacañang photo
Malacañang photo
Marcos said this as he returned to Manila from his three-day official visit to Washington late Wednesday evening, July 23.
In his recorded arrival statement, the President said the pledges were made during a series of high-level business meetings in Washington, covering key sectors including infrastructure, semiconductors, clean energy, digital technology, and healthcare.
“We return to the Philippines with over $21 billion in investment pledges that have the potential to create thousands of direct and indirect jobs for Filipinos,” he said.
The President said several US firms are also exploring partnerships in digital transformation, workforce development, logistics, and advanced manufacturing.
New investments in electronics and semiconductor production are also expected to strengthen the country’s position in global value chains.
According to Marcos, the pledges are expected to create thousands of jobs for Filipinos and significantly enhance the country’s industrial capacity, innovation ecosystem, and clean energy objectives.
Aside from private sector pledges, the United States government has committed $15 million to support private sector development under the Luzon Economic Corridor Initiative and $48 million more in foreign-assisted projects for national development.
The President said these outcomes reflect growing investor confidence in the Philippine economy, especially in light of reforms to improve the ease of doing business and provide a more transparent, rules-based environment for investors.
Marcos likewise assured investors that the government will continue pursuing reforms to make processes more efficient.

Mutual Defense Treaty

Aside from securing investment pledges, President Marcos said the Philippines and the US reaffirmed their ironclad defense and security commitment amid the current geopolitical developments in the Asia-Pacific.
“In my meeting with President Trump, we reaffirmed our ironclad commitment to the Mutual Defense Treaty (MDT),” he said.
“I thank the United States for its consistent support for the preservation of regional peace and stability and for upholding the rule of law in the South China Sea,” he added.
The 1951 MDT underscores the commitment of both nations to support each other, reflecting their shared resolve to uphold regional peace and security.
The President shared that his meeting with President Trump included discussions on strengthening cooperation in key areas such as cybersecurity, energy security, resilience, and the development of critical infrastructure.
At the same time, Marcos emphasized the importance of multilateral engagement, particularly with neighboring countries, to strengthen the network of common alliances in the region.
Meanwhile, the President said he discussed key defense and security issues with US Defense Secretary Pete Hegseth at the Pentagon, while his meeting with US State Secretary Marco Rubio centered on promoting peace, stability, and security in the South China Sea and the broader Indo-Pacific region.

Related Tags

President Marcos Bongbong Marcos PH-US Mutual Defense Treaty
ADVERTISEMENT
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1561_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1562_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1563_widget.title }}

{{ item.title }}

{{ articles_filter_1564_widget.title }}

{{ item.title }}
.mb-article-details { position: relative; } .mb-article-details .article-body-preview, .mb-article-details .article-body-summary{ font-size: 17px; line-height: 30px; font-family: "Libre Caslon Text", serif; color: #000; } .mb-article-details .article-body-preview iframe , .mb-article-details .article-body-summary iframe{ width: 100%; margin: auto; } .read-more-background { background: linear-gradient(180deg, color(display-p3 1.000 1.000 1.000 / 0) 13.75%, color(display-p3 1.000 1.000 1.000 / 0.8) 30.79%, color(display-p3 1.000 1.000 1.000) 72.5%); position: absolute; height: 200px; width: 100%; bottom: 0; display: flex; justify-content: center; align-items: center; padding: 0; } .read-more-background a{ color: #000; } .read-more-btn { padding: 17px 45px; font-family: Inter; font-weight: 700; font-size: 18px; line-height: 16px; text-align: center; vertical-align: middle; border: 1px solid black; background-color: white; } .hidden { display: none; }
function initializeAllSwipers() { // Get all hidden inputs with cms_article_id document.querySelectorAll('[id^="cms_article_id_"]').forEach(function (input) { const cmsArticleId = input.value; const articleSelector = '#article-' + cmsArticleId + ' .body_images'; const swiperElement = document.querySelector(articleSelector); if (swiperElement && !swiperElement.classList.contains('swiper-initialized')) { new Swiper(articleSelector, { loop: true, pagination: false, navigation: { nextEl: '#article-' + cmsArticleId + ' .swiper-button-next', prevEl: '#article-' + cmsArticleId + ' .swiper-button-prev', }, }); } }); } setTimeout(initializeAllSwipers, 3000); const intersectionObserver = new IntersectionObserver( (entries) => { entries.forEach((entry) => { if (entry.isIntersecting) { const newUrl = entry.target.getAttribute("data-url"); if (newUrl) { history.pushState(null, null, newUrl); let article = entry.target; // Extract metadata const author = article.querySelector('.author-section').textContent.replace('By', '').trim(); const section = article.querySelector('.section-info ').textContent.replace(' ', ' '); const title = article.querySelector('.article-title h1').textContent; // Parse URL for Chartbeat path format const parsedUrl = new URL(newUrl, window.location.origin); const cleanUrl = parsedUrl.host + parsedUrl.pathname; // Update Chartbeat configuration if (typeof window._sf_async_config !== 'undefined') { window._sf_async_config.path = cleanUrl; window._sf_async_config.sections = section; window._sf_async_config.authors = author; } // Track virtual page view with Chartbeat if (typeof pSUPERFLY !== 'undefined' && typeof pSUPERFLY.virtualPage === 'function') { try { pSUPERFLY.virtualPage({ path: cleanUrl, title: title, sections: section, authors: author }); } catch (error) { console.error('ping error', error); } } // Optional: Update document title if (title && title !== document.title) { document.title = title; } } } }); }, { threshold: 0.1 } ); function showArticleBody(button) { const article = button.closest("article"); const summary = article.querySelector(".article-body-summary"); const body = article.querySelector(".article-body-preview"); const readMoreSection = article.querySelector(".read-more-background"); // Hide summary and read-more section summary.style.display = "none"; readMoreSection.style.display = "none"; // Show the full article body body.classList.remove("hidden"); } document.addEventListener("DOMContentLoaded", () => { let loadCount = 0; // Track how many times articles are loaded const offset = [1, 2, 3, 4, 5, 6, 7, 8, 9, 10]; // Offset values const currentUrl = window.location.pathname.substring(1); let isLoading = false; // Prevent multiple calls if (!currentUrl) { console.log("Current URL is invalid."); return; } const sentinel = document.getElementById("load-more-sentinel"); if (!sentinel) { console.log("Sentinel element not found."); return; } function isSentinelVisible() { const rect = sentinel.getBoundingClientRect(); return ( rect.top < window.innerHeight && rect.bottom >= 0 ); } function onScroll() { if (isLoading) return; if (isSentinelVisible()) { if (loadCount >= offset.length) { console.log("Maximum load attempts reached."); window.removeEventListener("scroll", onScroll); return; } isLoading = true; const currentOffset = offset[loadCount]; window.loadMoreItems().then(() => { let article = document.querySelector('#widget_1690 > div:nth-last-of-type(2) article'); intersectionObserver.observe(article) loadCount++; }).catch(error => { console.error("Error loading more items:", error); }).finally(() => { isLoading = false; }); } } window.addEventListener("scroll", onScroll); });
Join Our Newsletters

Sign up by email to receive news.

© 2025 Manila Bulletin The Nation's Leading Newspaper. All Rights Reserved.