A group of US investors are scheduled to visit the Philippines to finalize business and project assistance deals, according to the Environment Department.
Environment Undersecretary for international affairs and foreign assisted programs Jonas Leones said that during a recent trip to New York, they were able to talk to five or six groups of possible investors.
“It is a successful activity or trip because we were able to discuss with different groups and investors there how we want to run the DENR. This will be the approach in dealing or in addressing the poverty and war conflict in the communities,” Jonas said at the sidelines of the Development Partners Forum at Century Park Hotel in Manila.
“In New York, we encouraged them and they committed, although there is no amount yet. They will come to the Philippines to further discuss the details of the assistance that they will be giving to us,” Jonas said.
Jonas said the government was prioritizing 29 sites for the possible investments, most of which were in Mindanao.
Environment Secretary Regina Lopez earlier said she went to New York to negotiate for a $1-billion possible investment in Mindanao.
