President Ferdinand R. Marcos Jr. concluded a highly successful official visit to Washington, D.C., securing over US$21 billion in investment pledges from major American companies. This represents one of the largest economic gains from a single foreign mission undertaken by a Philippine president, underscoring robust U.S. confidence in the Philippine economy.
During a series of high-level engagements and business meetings with global executives, President Marcos Jr. garnered significant commitments across critical sectors, including infrastructure, healthcare, semiconductors, renewable energy, and digital technology. These pledges are poised to generate thousands of jobs for Filipinos and substantially boost the nation’s industrial capacity, innovation ecosystem, and clean energy objectives.
“We return to the Philippines with over USD21 billion in investment pledges that have the potential to create thousands of direct and indirect jobs for Filipinos within our country,” President Marcos stated upon his arrival.
U.S. firms demonstrated strong interest in expanding their operations within the Philippines, particularly in vital areas such as infrastructure development, logistics, clean energy solutions, and advanced manufacturing. Furthermore, several companies are actively exploring partnerships in healthcare, digital transformation initiatives, and comprehensive workforce development programs. The President specifically welcomed new investments in semiconductor and electronics manufacturing, highlighting their role in enhancing the Philippines’ position within global value chains.
Beyond private sector commitments, President Marcos Jr. announced substantial support from the U.S. government. This includes a USD15 million commitment to bolster private sector growth under the Luzon Economic Corridor Initiative, alongside an additional USD48 million allocated for foreign-assisted development projects.
“We welcome the U.S. government’s pledge of an additional $15 million for private sector development under the Luzon economic corridor initiative and an additional $48 million in foreign-assisted projects,” President Marcos affirmed.
President Marcos Jr. reaffirmed the Philippine government’s unwavering commitment to fostering a stable, transparent, and rules-based business environment. He assured investors of continued reforms aimed at streamlining processes and significantly improving the ease of doing business across the archipelago.
