Marcos Leads Prominent Philippine Businessmen in Successful US Trip to Boost Diplomatic and Business Ties

President Ferdinand “Bongbong” Marcos, Jr. recently concluded a productive and successful visit to the United States from April 30 to May 4, 2023. The trip was aimed at strengthening the diplomatic and business ties between the two nations, and one of the highlights was a bilateral talk with President Joe Biden.

The visit was further enhanced by the participation of prominent businessmen, including Sabin Aboitiz, the Private Sector Advisory Council Lead Convenor and CEO of the Aboitiz Group. Aboitiz joined the Philippine delegation in several meetings with top American companies, where they discussed pathways for collaboration and promoted innovation and sustainable growth.

The meetings took place in Washington, D.C., where executives from top US companies such as Moderna, Ultra Safe Nuclear Corp., Atento, Maxeon, Analog Devices, and Optum were present. Discussions focused on potential investments in infrastructure and power industries that the Aboitiz Group is leading in terms of sustainability, innovation, and digitalization. The company is currently undergoing its Great Transformation to become the Philippines’ first Techglomerate.

Aboitiz commented on the experience, saying, “Joining President Marcos and fellow colleagues from the Philippine business community in meeting with our American counterparts was a transformative experience. It demonstrated how when diverse minds unite, we can break down barriers, create opportunities, and unlock the limitless potential of international collaboration.”

The meetings also showcased the confidence of the American business community in the Philippine economy and its potential to drive growth and development in the region. This could potentially pave the way for more trade and investment opportunities between the two nations.

The Philippine government under the current administration has committed itself to creating a business-friendly environment that will attract key foreign investors and generate jobs and economic opportunities for the Filipino people. With collaboration and knowledge sharing between forward-thinking American and Philippine businesses, quality jobs that showcase Philippine skill and talent can be generated.

Aside from Sabin Aboitiz, other prominent Philippine businessmen attended the meetings, including Ayala Corporation Chairman Jaime Augusto Zobel de Ayala, SM Investments Corporation Vice Chairman Tessie Sy-Coson, JG Holdings Summit President Lance Gokongwei, Lucio Tan Group Director Michael Tan, Alliance Global Inc. CEO Kevin Tan, Philippine Airlines President Stanley Ng, San Miguel Corporation President and CEO Ramon Ang, and ICTSI Chairman and CEO Ricky Razon.