US trade mission eyes over $1 billion PH investments

A US Presidential Trade Mission delegation of 22 companies has indicated over $1 billion in investments to the Philippines, set to create educational and career opportunities for approximately 30 million Filipinos.

These investments cover priority areas including solar energy, electric vehicles, digitization, cybersecurity, telecommunications, and skills training.

Microsoft Corporation will partner with TESDA to train 100,000 women in AI and cybersecurity, and with the Department of Education to deploy AI tools to 27 million students.

Google is rolling out its Career Certificates in 50 DTI virtual campuses and is on track to complete the TPU subsea cable system by the end of 2025.

Mastercard will empower over 10,000 Filipino small business owners with digital financial services and credit, along with financial literacy training.

KKR expects to invest approximately $400 million for the development and acquisition of roughly 2,000 towers to support digital connectivity across the Philippines.

Ultra Safe Nuclear Corporation is working with Meralco on a carbon-free electrical generation system using advanced nuclear battery technology.