Marcos ‘inspired’ business sector to secure PH investments – Concepcion – Manila Bulletin


President Ferdinand Marcos Jr.’s record number of votes as the winning presidential candidate has ‘inspired’ the country’s business sector to make the Philippines ‘a great investment destination,’ says Go Negosyo founder Joey Concepcion , Tuesday, September 27.

During the president’s recent trip to New York, Concepcion said, some of the country’s business leaders helped Marcos achieve his administration’s economic agenda by launching investments in the country.

This happened when Asia Society Philippines President Doris Magsaysay Ho and Vice President Myla Villanueva hosted a high-level roundtable, attended by some of the top private equity investors. worldwide in aviation, major infrastructure, energy, fintech and payments. e-commerce and digital infrastructure.

Those in attendance included: Former Ambassador John Negroponte of McLarty Associates, Ken Mehlman of KKR, Andrew Thomas of Stonepeak, Mark Tatum of NBA, Dinesh Kanna of Boston Consulting, Michael Kirban of VitaCoco, Proof of Learn Founder Sheila Marcelo , Asia Society administrator Asheet Mehta of McKinsey, Nick Rohatyn of The Rohatyn Group, Itai Lemberger of Bow Wave Capital, Brian Franke of Indigo Partners and Alibaba co-founder Joe Tsai, who is also already invested in Mynt, or Gcash.

“Asia Society has been instrumental in bringing in its network of investors, most of whom are already invested in the Philippines, and sharing ideas on opportunities as the new administration transforms the economy,” said Concepcion. .

According to Concepcion, the Filipino business leaders’ move only proved their support for the administration as they were even “in full force at the three main business briefings during the visit.”

For his part, Ayala Corp. Chairman Jaime Augusto Zobel de Ayala said it is now up to the private sector to maximize the favorable business environment under the Marcos administration.

“This government has been very supportive of the private sector and public participation. The president is very keen to involve the private sector and we are happy about that,” he said.

To which the CEO of Aboitiz, Sabin Aboitiz, added: “The president has quite cleverly managed to get 30 of the busiest CEOs in our country to work for him voluntarily.”

Concepcion said the fact that Marcos won the biggest mandate “inspired the private sector to join this bid to make the country a great investment destination.”

“Similarly, it was reflected in how eager foreign investors were to connect with us, seeing how many briefings there were and how the meetings were on time and went smoothly. proceeded as planned,” he added.

Philippine private sector representatives at the Asia Society meeting were the heads of the Philippines’ largest companies, including Private Sector Advisory Council Chairman and CEO of Aboitiz Sabin Aboitiz, Chairman and CEO of RFM Corp. Joey Concepcion, President of Ayala Corp Jaime Zobel de Ayala, Doris Magsaysay Ho, CEO of Magsaysay Holdings, Lance Gokongwei, CEO of JG Summit, Martha Sazon, President of GCash, and Myla Villanueva, Founder of Micro-D International, Inc. .




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