Marcos: Singapore visit to help prepare PH industries for the future

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President Ferdinand "Bongbong" Marcos Jr. has vowed that his visit to Singapore would help prepare the Philippines for the industries of the future.

Marcos arrived in Singapore for a five-day working visit on Wednesday, landing at Changi Airport at 11:05 p.m.

"Our objective is not simply to attract investments today. We must ensure that we have the elements that are needed to sustain them in the years ahead," Marcos said in his departure statement.

"I return to Singapore with a clear purpose: to build on one of our most important economic partnerships and prepare our country for the industries of the future," he added.

According to Marcos, this latest Singapore visit will build upon his previous trip to the country last July, where he engaged investors in digital infrastructure, artificial intelligence (AI), healthcare, and more.

The President said this visit has a broader focus now, as he is also set to attend the Forbes Global CEO Conference. At that event, Marcos said he will present the Philippines to investors for opportunities in digital technology, AI, and advanced manufacturing.

Marcos is also set to visit the Singapore Nuclear Research upon the invitation of the Temasek Foundation and Ayala Corporation.

"The Philippines must continue to examine all viable options for our long-term energy security, while developing the knowledge and capabilities needed to make sound decisions for our future," Marcos said.

Marcos' visit to Singapore includes his expected attendance at the Formula 1 race, which Philippine Ambassador to Singapore Medardo Macaraig said will not be paid by Filipino taxpayers.

While the Palace did not confirm whether or not Marcos will watch the sporting event, it maintained that his attendance at the race could present economic investment opportunities for the Philippines. — VDV, GMA News