President Ferdinand Marcos Jr. returned to the Philippines on Wednesday night with over USD 21 billion in investment pledges and renewed strategic commitments from the United States after a three-day official visit to Washington, D.C.
He highlighted the strengthened Philippines-US alliance in security, economic, and geopolitical cooperation, emphasizing their joint commitment to peace and stability in the South China Sea and the Indo-Pacific region.
The US pledged USD 15 million for private sector development under the Luzon Economic Corridor and USD 48 million in additional foreign assistance.
Marcos also secured investment commitments from executives in semiconductors, healthcare, and infrastructure, which are expected to create thousands of jobs and enhance economic resilience.
He concluded his visit by inviting US President Donald Trump to the 2025 ASEAN Summit in Manila, coinciding with significant anniversaries in PH-US relations.
Source: PhilNews24 | July 24, 2025