DTI leaves USD76.6B investment pipeline for Marcos admin

Outgoing Department of Trade and Industry (DTI) Secretary Alfredo Pascual is leaving behind a pipeline of USD76.6 billion in investments for the Marcos administration.

These investments are the result of foreign investment missions and follow-up activities conducted by the DTI over the past two years.

Pascual highlighted that some projects, such as expansions by companies like Procter & Gamble, Unilever, and Yokohama Tire, are already being implemented.

A recent example is the PHP3.5 billion investment by Yokohama Tire Philippines Inc. in the Clark Freeport Zone, a commitment made during President Marcos' visit to Japan and followed up by Pascual.

Pascual considers the development of this investment pipeline as one of his key legacies during his tenure as DTI Secretary.

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