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Home Travel Asia Philippines

Marcos Aims to Secure Investments for Pinoys

President Ferdinand R. Marcos Jr. departed for Davos, Switzerland on Sunday to attract more investments at the World Economic Forum.

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2 weeks ago
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President Ferdinand R. Marcos Jr. departed for Davos, Switzerland. Photo by the Philippines Government.

President Ferdinand R. Marcos Jr. departed for Davos, Switzerland. Photo by the Philippines Government.

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Table of Contents

  • Marcos Optimistic
  • Official Invitation
  • Marcos’s Arrival in Switzerland

 

President Ferdinand R. Marcos Jr. departed for Davos, Switzerland on Sunday to attract more investments at the World Economic Forum (WEF), where he will put forward the country’s readiness to play a role in regional and global expansion plans as nations emerge from pandemic impacts.

 

President Marcos said in his departure statement in Villamor Air Base:

“The World Economic Forum is hosting a Country Strategy Dialogue for us where we are given the opportunity to promote the Philippines as leader and driver of growth and a gateway to the Asia-Pacific region
– one that is open for business – ever ready to complement regional and global expansion plans of both foreign and Philippine-based enterprises anchored on the competent and well-educated Filipino workers, the managers, and professionals.”

 

The President also said he would look for partners who will back his administration’s ambitious plan to build more infrastructure and ensure food and energy security during the WEF in Davos.

 

The President also said:

“I will draw attention to our efforts at building resilient infrastructure that bolsters our effort to reinforce robust and resilient supply chains, ensures food security, including critical interlinkages with the
health and nutrition sectors, while furthering climate-friendly, clean and green energy to power the Philippine economy.”

“Moreover, I will share our experience as a model for managing – with our global partners – the disruptive and transformative impact of COVID.”

 

At the same time, President Marcos said he intends to share the administration’s efforts in saving both lives and livelihoods, and the people-centered steps it is taking to meet the lingering effects of the pandemic and prepare for the possible next one.

 

Sugarcane Crops, Negros Philippines. Photo by Adam Cohn. Flickr.
Sugarcane Crops, Negros Philippines. Photo by Adam Cohn. Flickr.

 

Marcos Optimistic

Expressing optimism for his inaugural participation in the WEF in Davos, President Marcos raised the need to collectively bolster and reinforce the post-pandemic economic recovery efforts by addressing today’s major challenges such as rising food prices as a result of conflict in other parts of the world, and the continuing existential threat posed by climate change.

According to the President, he looks forward to meeting with various government and business leaders at the WEF and strengthening partnerships with them.

The chief executive also said he would take the opportunity to exchange views on pressing issues with other government leaders, policymakers, business executives and entrepreneurs, as well as civil society advocates and academic experts.

 

Media Briefing with Prof Klaus Schwab, Founder and Executive Chairman of the World.Economic Forum. Photo by World Economic Forum. Flickr.
Prof Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. Photo by World Economic Forum. Flickr.

 

Official Invitation

President Marcos was invited by Prof. Klaus Schwab, the founder and Chair Emeritus of the WEF, at the sidelines of both the Association of Southeast Asian Nations (ASEAN) and Asia-Pacific Economic Cooperation (APEC) meetings in Phnom Penh and Bangkok, respectively, in November last year.

This year’s annual meeting of the WEF is the forum’s first in-person gathering since 2020 and before the world came to a standstill because of the COVID-19 pandemic.

 

President Ferdinand R. Marcos Jr. arrival in Switzerland. Photo by the Philippines Government.
President Ferdinand R. Marcos Jr. arrival in Switzerland. Photo by the Philippines Government.

 

Marcos’s Arrival in Switzerland

In his departure statement, the chief executive said he will highlight the steps the Philippines is taking to mend the fissures of such fragmentation, especially in the country but certainly in partnership with friends, allies, and partners around the world.

The President said he will also take this opportunity to exchange views on such pressing issues with other government leaders, policymakers, business executives and entrepreneurs, civic society advocates,
and academic experts.

President Marcos said he is looking forward to meeting with various government and business leaders at the WEF and strengthening partnerships in the years to come.

The President is also expected to meet with the Filipino community during his trip.

 

Source: THX News, World Economic Forum & The Philippines Government.

Tags: DavosInvestments for PinoysPresident MarcosWorld Economic ForumWorld Economic Forum Davos
picturebox1

picturebox1

I'm Ivan Alexander Golden, Founder & CEO of THX News. A dual national, British-American and former antiquarian bookseller. Proud husband and father to 6.

With THX News, I'm driven to bring you the latest news with passion and point-of-view that is both original and trustworthy.

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