PBBM returns with $21B investment pledges, reaffirms PH-US ties

Photo courtesy: PCO

By Darryl John Esguerra | Philippine News Agency

President Ferdinand R. Marcos Jr. returned to the country on Wednesday night with over $21 billion in investment pledges and renewed strategic commitments from the United States following a high-level three-day official visit to Washington, D.C.

The plane carrying Marcos and his delegation landed in Manila around 10:07 p.m., according to the Presidential Communications Office (PCO).

In his arrival message, the President said the visit, held at the invitation of U.S. President Donald Trump, reaffirmed the “breadth and depth” of the Philippines–U.S. alliance across security, economic, and geopolitical cooperation.

“We reaffirmed our mutual commitment to further strengthening our longstanding alliance and growing our economies for the benefit of the people and in pursuit of our national interest,” he said.

In his meetings with Trump, Secretary of State Marco Rubio, and Defense Secretary Pete Hegseth, Marcos underscored the alliance’s role in upholding peace and stability in the South China Sea and broader Indo-Pacific, amid continued assertiveness by China.

“We reaffirmed our ironclad commitment to the Mutual Defense Treaty,” Marcos said, citing discussions on cybersecurity, infrastructure resilience, and energy security.

“I thank the United States for its consistent support for the preservation of regional peace and stability and for upholding the rule of law in the South China Sea.”

The U.S. pledged $15 million in new support for private sector development under the Luzon Economic Corridor, and $48 million in additional foreign assistance.

Marcos also met with top executives in semiconductors, healthcare, and infrastructure, bringing home pledges worth over $21 billion—investments he said could generate thousands of jobs for Filipinos and help build “economic security and resilience.”

The President emphasized fair and reciprocal trade as a cornerstone of future ties.

“We remain positive about the future of PH-U.S. trade, including investment relations, especially in the context of economic security and fair, balanced, reciprocal trade,” he said.

Marcos concluded his visit by extending an invitation to Trump to attend next year’s ASEAN Summit in Manila, which will coincide with the 80th anniversary of PH-U.S. diplomatic relations and the 75th anniversary of the Mutual Defense Treaty. 

Popular

Impeachment Trial Day 4: Prosecution’s witness Lotoc unveils VP Sara’s grave utterances against First Couple, ex-Speaker Romualdez

By Dean Aubrey Caratiquet and Brian Campued Last week, the Senate Impeachment Court began hearing Article IV of the Articles of Impeachment against Vice President...

PBBM packs Camiguin visit with health, rice, scholar aid push

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. on Monday rolled out a package of healthcare, food security, and education...

PBBM: Benoni Port Light Craft Landing Station to boost tourism, commerce in Camiguin

By Dean Aubrey Caratiquet Known for their turquoise waters and picturesque views, tropical island destinations in the Philippines serve as bits of paradise that provide...

PBBM inspects progress of improvement, rehab works in Navotas Fish Port Complex

By Dean Aubrey Caratiquet As demand for seafood continues to rise, the modernization of major facilities that facilitate the handling, storage, and transportation of this...