PBBM to tout PHL’s assets to investors at ’23 WEF


PRESIDENT Ferdinand R. Marcos, Jr. will be promoting the country as a top investment destination backed with a skilled workforce and pandemic-resilient supply chains during the 2023 World Economic Forum (WEF) in Davos, Switzerland this week.

At his predeparture ceremony at the Villamor Airbase on Sunday, Marcos said he hopes his inaugural participation at the WEF will persuade more firms to invest in the country.

“The World Economic Forum is hosting a Country Strategy Dialogue for us where we are given the opportunity to promote the Philippines as leader and driver of growth and a gateway to the Asia-Pacific region—one that is open for business—ever ready to complement regional and global expansion plans of both foreign and Philippine-based enterprises anchored on the competent and well-educated Filipino workers, managers, and professionals,” Marcos said.

He will also highlight the country’s infrastructure projects, initiatives to achieve food and energy security and pandemic-resilient supply chain to demonstrate the country’s readiness to host the operations of multinational firms.

“I will share our experience as a model for managing—with our global partners—the disruptive and transformative impact of Covid (novel coronavirus disease),” Marcos said.

“I intend to share our efforts in saving both lives and livelihoods, as well as the people-centered next steps that we are taking to ensure that we are ready to meet the lingering effects of the pandemic and address the occurrence of the next one,” he added.

Marcos will participate at the 2023 WEF, to be held from Jan. 16 to 20 with the theme “Cooperation in a Fragmented World.”

During the event, the President said he will  discuss the government’s efforts to foster international cooperation to address global challenges on rising food prices and climate change.

“We will highlight the steps the Philippines is taking to mend the fissures of such fragmentation, especially in our country but certainly in partnership with our friends, allies, and partners around the world,” Marcos said.