President Ferdinand “Bongbong” Marcos Jr. is confident that the strong presence of overseas Filipino workers (OFWs) in the Middle East is a plus factor in attracting investments from Arab countries looking eastward for new investment destinations.
President Ferdinand “Bongbong” Marcos Jr. is confident that the strong presence of overseas Filipino workers in the Middle East is a plus factor in attracting investments from Arab countries looking eastward for new investment destinations.
According to the President, the Philippines welcomes any significant capital-intensive investment, especially now the country is trying to grow its way out of the debt it has incurred. President Marcos said the Philippines was fortunate to have established solid relations with the Middle Eastern countries because of the enormous concentration of OFWs in Gulf states.
“Some of the examples that we’re looking at are the ones in the Middle East because they have been the ones that have been most successful,” he said.
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