ONE of the Philippines’ largest foreign investors expressed continuing confidence in the administration of President Marcos, acknowledging the President’s reforms and programs to strengthen the investment climate.
During a courtesy call in Malacañan Palace, I Squared Capital top executives led by Founder and Chairman Sadek Wahba reaffirmed the company’s confidence in the Philippines and its continuing commitment to invest in the country’s infrastructure development.
Marcos, together with several Cabinet officials, discussed with I Squared Capital executives the company’s plans to support the Philippines’ infrastructure development, particularly on energy, transport and logistics, and digital infrastructure.
I Square Capital executives made a courtesy call in Malacañan Palace ahead of the inauguration of the Company’s expanded Royale Cold Storage (RCS) facility in Bulacan.
With about $2 billion in enterprise value already invested across various sectors in the Philippines, I Squared Capital is one of the country’s largest foreign investors. Its investments contribute to advance the administration’s infrastructure initiatives, while fueling economic growth and job creation.
Headquartered in Florida, USA, I Squared Capital is a leading global infrastructure investor managing over US$50 billion in assets, with investments in more than 90 companies across over 70 countries.
Marcos’ administration has strengthened public-private partnership (PPP) and pursued investment incentives and liberalization measures.
These measures include the CREATE More Act of 2024; the PPP Code of the Philippines enacted in 2023; the Public Service Act of 2022; and the Amended Renewable Energy Act Implementing Rules (IRR) enacted in 2022.