One of the Philippines’ largest foreign investors, I Squared Capital, reaffirmed its continuing confidence in the administration of President Ferdinand R. Marcos Jr., recognizing the President’s assertive reforms and programs designed to strengthen the investment climate.
During a courtesy call at Malacañan Palace on Thursday, I Squared Capital Founder and Chairman Dr. Sadek Wahba reiterated the global infrastructure firm’s commitment to invest further in the country’s vital infrastructure development.
President Marcos Jr., joined by key Cabinet officials, discussed with the executives the company’s plans to support the Philippines’ growth, particularly in the crucial sectors of energy, transport and logistics, and digital infrastructure.
I Squared Capital, which is headquartered in Florida, USA, already holds approximately USD2 billion in enterprise value invested across various sectors in the Philippines, solidifying its status as one of the country’s most significant foreign investors. These investments contribute directly to advancing the administration’s infrastructure initiatives, fueling economic growth, and driving job creation.
The courtesy call took place ahead of the inauguration of the Company’s expanded Royale Cold Storage (RCS) facility in Bulacan, marking a tangible expansion of its operational footprint in the country.
The administration’s focused efforts to strengthen public-private partnership (PPP) and pursue investment incentives and liberalization measures were highlighted as key factors driving investor confidence. These successful measures include:
The enactment of the PPP Code of the Philippines in 2023.
The Public Service Act of 2022.
The Amended Renewable Energy Act Implementing Rules and Regulations (IRR) were enacted in 2022.
The forthcoming CREATE More Act of 2024.
I Squared Capital is a leading global infrastructure investor, managing over USD50 billion in assets with investments in more than 90 companies across over 70 countries.
