PHILIPPINES Becoming an Investment Hub in Asia Pacific | $100 Billion Investment from Japan and US
ฝัง
- เผยแพร่เมื่อ 11 เม.ย. 2024
- The Philippines is all set to become the leading investment destination in Asia. With a solid reform agenda and unabating growth amid headwinds, the Philippines is ready to take off as a leading investment hub.
The country is eyeing around $100 billion in investment deals in the next five to 10 years from the country's trilateral summit with the United States and Japan, these would cover a range of different sectors including energy, semiconductors, infrastructure and digital economy.
The first-ever trilateral summit among US President Joseph Robinette Biden Jr., Philippine President Ferdinand R. Marcos, Jr., and Japanese Prime Minister Fumio Kishida scheduled to take place on April 11 comes on the heels of increasing tensions in the South China Sea, which China claims almost in its entirety.
The US and Japan have been at the forefront of international condemnation of Chinese ships’ harassment of Philippine vessels deployed for resupply and rotation missions within Manila’s exclusive economic zone.
This is the first time that the three countries - Japan, the Philippines, and the United States - going together to enhance economic cooperation, aside from its military cooperation in Asia Pacific.
The US gross domestic product (GDP) hit $27.3 trillion last year, while Japan’s was $4.2 trillion, two of the world most developed economy. The Philippines, meanwhile, is still in transition to become an upper middle-income country by 2026 with a 21.05-trillion pesos economy last year. In the other hand, China’s GDP, the Philippines’ second-largest export market, and largest source of imports, hit $17.5 trillion in 2023.
Tokyo has been the nation’s most reliable development partner, with its massive development commitments in improving the Philippines railway infrastructure such as the Metro Manila Subway and the North South Commuter Railway Project. The huge two infrastructure project alone, cost more than $25 Billion which more than 80% will be financed by Japan.
On the other hand, Washington has remained committed to expanding its investments in the semiconductor and IT-BPO sector, both of which have been massive drivers of year-on-year growth. The sector contributes more than 10% to the country’s economy last year.
Another potential US investment into the country from Seattle-based Ultra Safe Nuclear Corporation will be the potential development of the small modular nuclear power plants in the Philippines. As the United States is keen to develop the country’s energy sector.
The envoy said a joint exploration within the Philippine exclusive economic zone in the South China Sea is also expected as Philippine companies that have been given concessions in the area have been seeking potential partners in the US for a joint venture in the exploration of energy sources.
Electricity costs in the Philippines are not only threatened by movements in the global energy markets but also by the expected depletion of the Southeast Asian nation’s only indigenous source of natural gas. The Malampaya gas field, which accounts for at least 40% of electricity needs in the Philippine capital region, is projected to run dry by 2027 with expected serious repercussions for the economy.
Philippine energy and semiconductor sectors are expected to heavily benefit from the $100-billion investments that the Philippines is expected to gain in the coming years. There is an opportunity for the Philippines to attract investments, particularly from US and Japanese firms, that might leave China in the wake of the political tension in the West Philippine Sea.
Philippines’ increasing bond with the US and Japan could significantly boost Manila’s positioning as an investment destination. The United State is pursuing an industrial policy of friendshoring semiconductors, digital trade, and industries transition into green energy.
Philippines can achieve a huge percentage of investment by just by getting a share in the US semiconductor industry, which is said to be worth $80 billion just in the Asean region. The semiconductor industry is going to be the wave of the future in terms of the technology that’s going to be required for anything, from cars to defense equipment and digital infrastructures.
Indeed, the Philippines today is primed more than ever to become a leading locus of investments in Asia and the Pacific. This is made possible through the establishment of a stable, predictable, and competitive investment environment.
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Partnering with the US and Japan is a good thing for the Philippines. This is the time for Philippines to finally take off. Mabuhay Pilipinas!
Sabi ni digong masama daw dumikit s amerika at gegerahin daw tayo ng china😂
@@josh2angelsbaliw sya e , mental hospital is waiting for Digong Duwag
@@josh2angelsdigong has no balls 😂
@@rowelquiqui 🤣🤣🤣
Maka tsina talaga si Digz..NPA siya..😌
Philippines, is definitely on its path for development… keep it up….
Roar the tiger of asia!phil.will be new super power
Hoping pinoys wont vote dutertes back in power.
@@josh2angelssure Yan nabisto na eh,
@@josh2angelsnever na talaga
,,,👍🏼👍🏼👍🏼🙏🙏🙏🙏 support our president.....we proud of you
After all congrat bro .hope the best for u from 🇮🇩
Mabuhay pres...bbm..ipaglalaban kita maski sa huli kung hininga
Yes Amen ..philippines is great again..
Yes! Philippines! Asia-Pacific New Investment Hub! God bless! This nation 🇵🇭 will great again! 👍🙏✌️👏
Marcos Make the Philippines Great Again 2028!
End up the same as trump n biden marcos make pH "" great '" again worst same like usa .
For just 2 years in power? Sa totoo lang tayo. Walang masama mangarap pero tanggapin din natin kahit hindi natin gusto ang nakalipas na mga Presidente may kontribusyon sila sa Pilipinas specially during Pnoy.
Both smart trump n Biden did not make endmerica great again , u think idiot marcos can make pH great again , high chance he makes ph worst than Duterte and all past ex president .
Oo salute ka sir marcus . Dna tayo magiging katulong sa ibang bansa
While the trolls are commenting "LabAs ng LAbas ng BnsA, peRa bg Taung baYan ang GinagamiT, purO na Lng trAvel wAla nmng napapaLa, pwidi nmn mAgpadala na Lng ng Sulat o kya tumaWag n Lng,,," the president is working so hard to secure investments.
Thank you Mr. President, Philippines will rise again
Hoping Department of Education will be part of the priorities sooner
Thanks to God and Thanks to our President BBM. This Nation wil be Great Again. GOD BLESS PBBM and THE PHILIPPINES.
Wow ❤ good job .Mr president Marcos. ❤ mabuhay Philippines 🇵🇭
Philippines. Will become Regional Hub in Asia Pacific
KEEP GOING, KEEP GROWING!❤ 💪
A strong Philippine economy means a strong military! Win-win!
God Bless Philippines 🎉
God bless my beloved country Philippines MABUHAY
PBBM then is the best and all the best president ever to bring Philippines great again, thank you and God bless
Glory to God,Filipinos must praise God for He has done in the Phil's.
May this vision will become true
Mabuhay ka PBBM
Da best ka talaga....
MABUHAY ANG BAGONG PILIPINAS..
Excellent job, PBBM. 💯👍
OUR COUNTRY WILL BE GREAT AGAIN WITH OUR GREAT PRESIDENT BBM. MABUHAY ANG PILIPINAS, MABUHAY ANG PANGULONG MARCOS JR...
Yes, INDEED!❤❤❤
I hope Philippines will be able to start the oil exploration on the WEST PHILIPPINE SEA together with foreign investors.
Magagalit daw ang china sabi ni digong.
I think they have already started and there are investors already exploring WPS .
Well it has been that way but the problem is the politicians are putting the Philippine shares in their pockets.
Expedite gas and oil exploration within EEZ, joint venture with US companies
Like what I repeatedly said, President Marcos Jr's initiatives in the power sector will be the biggest game changer for the Philippines.
High electricity costs and the unstable supply of electricity is one of the biggest reasons why FDIs are slow in coming to the Philippines. It also contributes to high poverty rate.
Marcos Jr is focused on solving this problem. Over 400 power service contracts have been approved by the Marcos Jr Administration in less than 2 years. Some of these projects are already completed and many are in various stages of implementation.
FDIs on the power sector will constitute the bulk of the total investments coming to the Philippines in the next few years. This will hasten the radical transformation of the Philippines energy landscape.
This will definitely lead to lower cost of electricity and make the supply stable.
It will result in higher productivity and lower household expenditures.
The growth of the Philippine economy will be powered by Marcos Jr's determined efforts to provide low cost and stable supply of electricity to Filipinos.
Well yan din nakita noon ni late Ferdinand Marcos Sr. That's why he build the nuclear power plant kaso di pinagpatuloy ng mga dilawan na ng umupo si Cory. With the blooming technology if mura yung electricy, maraming magkaka interest magtayo ng factory sa bansa. We don't know bak dito p satin sana ginagawa yung mga sports car or any cars we saw I the market right now. With late Ferdinand Marcos we are the wealthiest country in Asia. Is just that naloko tayo ng mga dilawan na sumira ng Bansa.
It's about time. This will ease Philippines' trade deficits.
wow mabuhay pbbm uunlad bansa ntin tulad sya ng kanyang ama FEM thank you lord jesus panalo tayo
God bless the Islands of OPHIR AND ALL ITS PARTNERS😮 ❤❤❤
Philippines is destined to be investment destination as they are generally young, well educated population, skilled with a lot of Natural resources.
Good job president bbm thank you
i saw this coming ....thanks to the OFWs ....the main drive of the Philippines, MABUHAY !
Sana pumili tayo ng president na katulad Niya para tuloy tuloy ang pagyabong sa bansa at d na uurong pa.
The projected figures in 2033 is about 1 trillion dollar is a shock if they can achieve it in a short term of time. Wow it can shock the world economic society and thankful to our God and to the hardworking president pbbm mabuhay.
Building the economy is the ultimate weapon. Aside from financing the military for acquiring sophisticated weapons for defense against bullies, it can also improve lives of ordinary citizens.
mabuhay ang bagong pilipinas
PBBM forever para sa ikakaunlad nang ating bansa
GOD bless PBBM GOD bless philppine at sa ating lahat
Good news for the people's of the Philippines.
Sana tuloy2x lang ang economic developments ng ating bansa. Mabuhay ang bansang pilipinas !
Philippines will be the next Superpower in the world in a short period of time! 😊
Wow , ! Mapuhay PBBm,,,! ❤❤❤ D. S.P.
God bless the Philippines,bless His people and bless the president❤
Our country will be the greatest country in. Asia
Mabuhay Ang Bagong Pilipinas 🌈🌈🌈
Bbm the son of the greatest ever prsdent
Philippines will become a battle ground
Sana lang wag nakawin ng mga politiko yan investment na papasok sa pinas ....
US had trillion dollar plan to improve and replace infrastructure in the country and BRI equivalent.
In 2023 the G20 meeting in Dehli to build the Silk route from India - Arab - Europe.
Nothing had materialised.
Hope it is not a Gentleman agreement
😮😮😮😮😮
Bbm ang nagagawa ang pag angat ng pilipinas god bless you mahal na pangulo go go go Bbm
Marcos padin dapat maging presedente nun wala ng alisan for life time na 😂
Build better back is good for our economy. Philippines now is on the right track
Mabuhay ang Pilipinas
Mabuhay PBBM salamat at nagkaroon tayo ng matalino at magiting na namumuno para sa ikauunlad ng ating Bansang Pilipinas at sa mga mamamayang Pilipino
Gogogo PBBM we support youre goal of the phillipines rise again .
love MARCOS
Well, Philippines have a lots of potential in so many ways. English speaking people, friendly and compassionate. Culture is family oriented, means, working is our priority to support the family. We supply nurses, nannies, and entertainment all over the world.
Thank you for Sharing God 🙏 bless
Mabuhay ang Pilipinas…
mabuhay ka mahal naming pangulo go go lang nasa likod mo kami palagi mga mga pilipino
Amazing!!!👏👏🌈 Thanks for sharing, watching from Sydney australia 🇦🇺 🇵🇭
we support you BBM
Go go go PBBM enhunce Phil.economy..growned up for more jobs ..🇵🇭
Godbless Philippines❤️❤️
Sana mag tuloy tuloy na ito,
I like. High five! 🤗
the Philippines is on its way in becoming an upper middle economy due to its continued economic growth....just look at the development of many business commercial n financial districts like BGC, Rockwell n Greenbelt in Makati, Eastwood n Cunbao in Q.C., Filinvest city in Alabang n many more...plus the growing economy of Cebu, Davao, Iloilo, CDO n other cities of the Philippines n the ongoing many infrastructures all over the country
Philippines will be Great Again.
PBBM administration.
Wow! Thank u Lord🙏
Thank you so MUTH amazing🇵🇭
Good bless🙏 you so much❤
What if the military alliance of US and Philippines should be strengthened so that as being said here that US and Philippines will be the two countries to explore oil and gas in the WPS, China won't be able to interfere. The problem could probably be solved.
I pray that what you just said shall come to fruition. If only the west helped us rather than china 30 yrs ago we will have no monster that china became today . Remember we are a christian country and will not be a monster among the nations.
Lets keep on praying for our country our prayers will be always answered and ofcourse to our president.. lets also pray that our country will turn to our Lord Jesus so we will only depend only to Him no one else .. GOD bless you more and keep you safe ☝️🙏
Tapos ang manggagawa ang tanging gagawin strike dto strike doon kaya ang investors napipilitang lumayas.
God bless Philipinas 🙏🇵🇭💪
Start to develop Philippines rise walang conflict makka focus ang gobyerno kaysa ubusin yong panahon sa paghhintay kong kailangan maayos yong problema wps
Great information and cooperation with US and Japan. Please dont be too cheap, let the locals earn also from salaries to purchase of their goods and services.
Expecting the Visayas and Mindanao port to open some more
Praise Almighty God in Heaven. Thank you for all the blessings success and guidance Lord God Jesus.
Pbbm nlang hanggat kaya pa nya para maipgpatuloy nya ang lahat
sana po
Philippines face by 2033
GDPNOMINAL2033- $ 1.1 TRILLION
Percapita- $7.300
military rank- 20th
2033 just night mare.
🙏❤️❤️❤️🙏 #GodBlessThePhilippines
That's good news 👍 👍
Philippines need to push Manufacturing and Agriculture in the Country. Ship building And they need more infrastructure to have more source of Energy. for the country.Fix the internet Speed And get involved in the Semi Conductor Manufacturing in the Country. And continue dutertes fight against crime and corruption.
Ph economy growth forecast is just a dream who ever thinking of investing in this wretched nation will regret big time in a huge awakening!
PBBM the best!!
Good luck pbbm
Philippines a become super power like Israel and protect our country
No korap government member
Marcos Love all people ❤❤
Marcos ❤🙏🙏🙏👍👍
In order to attract investors, do the following:
1. SUSTAIN A SUFFICIENT ENERGY for the entire country. No brownouts as much as possible especially during summer.
2. ALLEVIATE TRAFFIC CONGESTION not only within Metro Manila but for the entire Philippines.
3. MAKE CHARTER CHANGE targeting the Economic Provisions only to attract foreign Investors,
The solutions stated above are the key factors for progress,.
If this becomes a reality, then more investors will come to the Philippines.
The Queen of the South will Rise🤗The Land of Ophir🤫Where King Solomon got its Gold🤗Columbus, Magellan, Dr. Jose Rizal, and Bush knew🤗
Let’s wait for a year , the economy progress!?
While the trolls are commenting "LabAs ng LAbas ng BnsA, peRa bg Taung baYan ang GinagamiT, purO na Lng trAvel wAla nmng napapaLa, pwidi nmn mAgpadala na Lng ng Sulat o kya tumaWag n Lng,,," the president is working so hard to secure investments.
Sana lang mababawasan mga kurap sa governo .... Jan nakasalalay Ang pag asenso ng Bansa ... Sana ma-audit LAHAT ng expenses ng governo ... Lalo na sa mga politiko ... Transparency sa mga budget ng LAHAT ng politiko at mga sangay ng governo .... Stop kurapsyon ....
Bull run 📈🆙
God Bless Our Beloved PBBM AND Delegates Phil .Government in Trilateral Talks With US ,Japan and Philippines...❤❤❤
Go lokal !
But the locals are not making as much money or benefitting as much as the investors who are buying everything at cheap prices including labor…the locals should increase their wealth in addition to Japan, S.Korea and US investors…
Well deserved PH ! A great alternative to s troublesome and godless comunist regime 🎉🎉
Hoping for semiconductor expansion..As of now semiconductor companies are having a retrenchment..A lot of employees are now offered a separation pay to resign.Other small machine shops are now closed. May these PBBM actions make semiconductors great again.
Now is the time the Phils, my beloved country, to robustly grow because US and Japan, the two economic dislocators, hand in hand, are leading the way for massive development. When you side qith china, it will ROB you of what you have. But if you side with U.S. and Japan both will lead you to grow economically and militarily. This principle simply shows that if we grow, both Japan and U. S. will also grow
didnt voted for marcos but his geopolitics decision is impressive hehas more balls, we dont want war but it is not stopable
But we have senator that don't like in envistors by amending out economic laws.
How come??!!
PBBM LANG SAKALAM!!!
BBM Bentang Bigas Mahal! Saan na Ang tig 20 kilo?