Marcos bares initiatives to boost export sector
President Ferdinand Marcos Jr. (MALACAÑANG FILE PHOTO)
MANILA, Philippines — President Ferdinand Marcos Jr. on Friday said the government has rolled out reforms to make the Philippines an “ideal” export player.
In his speech before exporters, diplomats, and foreign trade partners at a trade event of the Center for International Trade Expositions and Missions in Taguig City, the president touted the Philippines as “a reliable partner and sourcing destination” for various trade sectors such as home, fashion, lifestyle, food, creative and sustainability.
“Since taking office, I have ensured the implementation of initiatives that will make the Philippines an ideal player in the export sector,” Marcos said.
He cited that among these initiatives were the creation of high-value and competitive Philippine products, digital transformation and infrastructure development.
He said the country had been undertaking digital transformation initiatives to spur economic activities and to make transactions “faster and more secure, than we ever had before.”
According to Mr. Marcos, the government has been exerting efforts “to improve the country’s infrastructure and expand domestic capabilities necessary for the development and growth of the export sector.”
“Our campaign to attract foreign investments are also aimed at facilitating technology and knowledge transfers to local industry and creating a robust export ecosystem within our country,” he said.
