President Ferdinand R. Marcos Jr. announced over the weekend that the government is steadily preparing the Philippine economy for sustained growth by creating conditions conducive to attracting large-scale investments and industrial projects.
“Step by step, we are laying the groundwork for an economy that is stronger and more robust—so we can bring in major factories and large investors to the Philippines,” President Marcos said during the Alyansa Para sa Bagong Pilipinas campaign rally on Saturday.
The President emphasized that the administration’s economic strategy is already delivering results, pointing to the influx of trillions of pesos in new investments as a clear sign of growing investor confidence.
He credited Finance Secretary Ralph Recto, a Batangas native, for playing a pivotal role in formulating policies that are encouraging both foreign and domestic investments.
In addition to investment initiatives, President Marcos outlined the government’s efforts to revitalize the agricultural sector, particularly through direct support to farmers and actions to stabilize food prices.
“We are fixing our agriculture sector. We’ve seen the challenges faced by our farmers and the burden of high food prices, so we are making necessary changes,” he said.
Upon assuming office, the President said he inherited a weakened agricultural landscape. “What we found was an agriculture sector in serious decline, and we are working hard to reverse that,” he added.
He cited concrete infrastructure progress aimed at improving rice production, noting that 150 rice processing plants have been built over the past two years, with 20 more set for completion in 2025 and another 50 in the pipeline.
Last week, President Marcos inaugurated the country’s first coconut processing facility—a milestone intended to empower local farmers and expand their access to international markets.
“This facility will allow our coconut farmers to compete not only locally but also in the global market,” he said, drawing applause from the crowd.
President Marcos reaffirmed his administration’s commitment to inclusive economic growth—balancing large-scale investment attraction with grassroots support for Filipino farmers and workers.
