Riyadh, Kingdom of Saudi Arabia
October 19, 2023

“I think this was an excellent forum for us to market the Philippines as an investment destination for the Saudi Arabian companies,” says Secretary Frederick Go, Presidential Adviser on Investments and Economic Affairs, as he shares insights on the recent roundtable meeting of President Ferdinand R. Marcos Jr. with Saudi Arabia’s top business leaders.

Secretary Go highlights the signing of Memorandum of Understanding (MOU) between the Philippines’ EEI Corporation and Samsung Engineering NEC Co. Ltd. This will pave the way for the construction of a 500-person training facility in Tanza, Cavite that will generate more employment opportunities for Filipinos.

The Secretary joins President Marcos Jr. as part of the Philippine delegation to the Association of Southeast Asian Nations – Gulf Cooperation Council (ASEAN-GCC) Summit hosted by Saudi Arabia.

* * *