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A total of $13 billion in pledges and contributions was obtained during President Ferdinand Marcos Jr.’s five-day official visit to Japan for the Philippine Business Opportunities Forum.
“Coming back, we carry with us over 13 billion US dollars in contributions and pledges to benefit our people and create approximately 24,000 jobs, and further solidify the foundation of our economic environment,” Marcos said during his arrival speech at the Villamor Airbase in Pasay City.
Marcos also said that Japan loaned 377 billion in Japanese Yen, or around $3 billion, for the completion of infrastructure development projects across the country, including the North-South Commuter Railway, Malolos-Tutuban rail, and the North South-Commuter Railway Project Extension.
