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$285M investment pledges secured

KUALA LUMPUR: President Ferdinand Marcos Jr.'s three-day state visit to Malaysia bore fruit as he locked in around $285 million in investment commitments following his series of meetings with Malaysian business leaders on the last day of his state visit here.

The investment offers were in the food processing industry, multi-service digital platforms, aviation, aviation maintenance support services, logistics, manufacturing, infrastructure, water and wastewater treatment areas, which, he said, will have a valuable contribution to the economic growth of the Philippines.