SAN FRANCISCO, USA – At least 80 infrastructure projects, which can be financed through Maharlika Investment Fund, have been identified, President Ferdinand “Bongbong” Marcos Jr. said Thursday (PH time).
Marcos made the remark during the Philippine Economic Briefing held at Ritz-Carlton Hotel.
“In addition, we look forward to the operationalization of the Maharlika Investment Fund, the country’s first ever sovereign investment fund. It will serve as an additional source and mode of financing for priority projects of the government, including the infrastructure flagship. These projects offer high returns and significant social economic impact. Currently, we have identified about 80 potential infrastructure projects that are financeable through that fund, the Maharlika Investment Fund,” he said.
Marcos said the MIF would serve as an additional mode of financing for the government’s projects. — BAP, GMA Integrated News