00:00 President Ferdinand Armarcos Jr. laid the investment opportunities for the opening of the Maharlika Investment Fund to the 10th Asian Summit.
00:09 According to the President, the sector of the Philippines that can be a source of investment with the help of MIF is the sector of infrastructure, energy development and agriculture.
00:23 The President also encouraged foreign businessmen to invest in the Philippines, especially in the export of the reforms that were implemented shortly after I arrived in the country.
00:35 The Executive Board of Professional Fund Managers will oversee the MIF and not the government to ensure its independence in financial operations and policy making.
00:50 The fund is designed to consolidate investable funds from government and financial institutions to further drive economic development through strategic investments both domestically and overseas.
01:05 To those who are looking to invest in the Philippines, we offer incentives, tax breaks and robust legal frameworks that safeguard the interests of foreign investors.
01:16 Intellectual property rights are protected, ensuring that innovation flourishes within our borders.
01:23 We also note that geopolitical stability and regional cooperation are cornerstones of our foreign policy.
01:32 We are dedicated to peaceful relations and collaboration that foster a conducive investment and business climate.
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