This is a big sign that businessmen are confident in the present administration.
As reported by Philstar, investment pledges increased up to P 615 Billion this year 2017. This is the biggest in Philippine’s history. These investments came from projects pertaining to infrastructure.
“This validates business confidence in President Rodrigo Duterte’s economic programs to ensure inclusive growth and shared prosperity for the country. The influx of investments is definitely streamrolling, as we expecting sustained higher investments for the next five years,” Trade Secretary Ramon Lopez said.
This good news brought happiness to Filipino. read their reactions on this news on Flying Ketchup’s post: