Ritz-Carlton Millenia Hotel, Singapore
April 28, 2018
President Rodrigo Roa Duterte met with several business executives from the Philippines and Singapore, and witnessed the signing of various agreements concerning development projects and collaborative opportunities for both countries, in a ceremony at the Ritz-Carlton Millenia Hotel in Singapore.
A total of nine (9) agreements were signed during the meeting. Among these are collaborations to develop renewable energy projects, explore plastic packaging and film manufacturing, aviation improvements, and the development of 25 Jollibee outlets — a famous Filipino fastfood chain — in Singapore.
The new business agreements are estimated to have an investment value of 185.7 million dollars, generating over 1,920 jobs.
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