US Companies Announce Major Investments in Solar Energy, Electric Vehicles, and Digital Innovation in the Philippines
Monday, 11 March 2024, 07:33
US Companies Announcing Major Investments in the Philippines
US Commerce Secretary Gina Raimondo disclosed during her official visit to Manila that several American companies are preparing to invest over US$1 billion in the Philippines. The investments are focused on key areas like solar energy, electric vehicles, and digital transformation, highlighting a significant push towards sustainable development.
- Key areas of investment:
- Solar Energy
- Electric Vehicles
- Digital Innovation
- Commerce Secretary's Announcement: Secretary Raimondo shared details of the investments during her visit to Manila, emphasizing the positive impact on the Philippine economy.
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