00:00The Department of Trade and Industry or DTI announced investments approved under the administration
00:05of President Ferdinand R. Marcos Jr. reach 1.62 trillion pesos, surpassing the 2024 target
00:12of 1.5 trillion pesos.
00:14The amount is also higher than the approved investments last year worth 1.26 trillion
00:19pesos.
00:20The energy sector, particularly the projects in renewable energy, saw the biggest growth
00:25hitting 1.38 trillion pesos.
00:27The Philippine Economic Zone Authority or PESA also exceeded its 200 billion peso target
00:32for 2024 recording 214.17 billion pesos in approved investments.
00:38Trade Secretary Cristina Roque attributed these achievements to strategic foreign trips
00:42by the chief executive which helped attract more investments.
00:46PESA reported nearly half of its 2.84 billion pesos in investments for March 2024 came from
00:52these overseas report efforts.
