Metro Manila (CNN Philippines, October 21) — President Ferdinand Marcos Jr. said that several business agreements the Philippines has secured during his two-day visit to Saudi Arabia will provide job opportunities to approximately 220,000 Filipinos.
During his arrival speech on Saturday, Marcos said the Philippine delegation sealed investment deals in key sectors, such as healthcare, hotel and restaurant, and maintenance and operations, among others.
“These agreements are expected to generate more than $4.2 billion and an additional 220,000 jobs for Filipinos over the next few years,” he said.
READ: PH secures over $4.26-B investment deals from Marcos’ Saudi Arabia visit
Marcos was in Saudi Arabia for the Association of Southeast Asian Nations-Gulf Cooperation Council (ASEAN-GCC) Summit.He also met with foreign investors from the Middle East, and the Filipino community there.
