PBBM dialogues with execs of New York-based US firms

PBBM dialogues with execs of New York-based US firms

MEET WITH BUSINESSMEN. President Ferdinand Marcos Jr. meets with officials of American companies on Sept. 20, 2022 (Philippine time) in New York City. He is expected to hold more dialogues with American investors as part of his working visit to the US. (Screengrab from RTVM)

President Ferdinand “Bongbong” Marcos Jr. has dialogued separately with groups of business executives from several United States private firms based in NewYork City on Tuesday.

Uploaded on the official Facebook page of state-run Radio Television Malacañang (RTVM) were video clips of Marcos’ separate meetings executives of NuScale Power, WasteFuel, and Boeing.

The series of dialogues were apart from his exchanges with other US business executives during his encounter with them at the New York Stock Exchange Business Forum earlier on the same day.

NuScale Power is an American energy corporation that offers advanced nuclear technology. Founded in 2007, NuScale aims to provide scalable advanced nuclear technology for the production of electricity, heat and clean water to improve the quality of life of people around the world.

After his meeting with NuScale executives, Marcos then met with WasteFuel, a California company that deals with renewable fuels through proven technologies. WasteFuel converts municipal and agricultural waste into low-carbon fuels, renewable natural gas and green methanol.

WasteFuel’s first project in development for aviation fuel is in the Philippines, in partnership with infrastructure developer Prime Infrastructure and NetJets.

The third group of executives Marcos met with were top officials of Boeing, a leading global aerospace company with sterling records of aerospace leadership and innovation, and the premier manufacturer of commercial jetliners for decades.

To date, over 10,000 Boeing-built commercial jetliners are in service worldwide.

Malacañang has yet to release additional details about Marcos’ meetings with the three American firms, but it is known he has urged them to invest in the Philippines.

Press Secretary Cruz-Angeles shared that the business leaders who met with Marcos were excited, “very optimistic” and “very positive” during their talks about their possible investment in the country. “In a few days, we will get more details” regarding the meetings,” she said.

The Press Secretary said President Marcos is expected to hold more dialogues with American investors as part of his working visit to the US.

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