BUSAN, Nov. 1 -- President Ferdinand R. Marcos Jr. is ramping up his industrial and energy modernization push, securing new high-technology and clean energy projects from top South Korean conglomerates on the sidelines of the 2025 APEC Summit.
During a top-level meeting with Samsung Electro-Mechanics Co., Ltd. (SEMCO) on Saturday, Marcos witnessed the signing of a Supplemental Agreement between the Philippine Economic Zone Authority (PEZA) and Samsung Electro-Mechanics Philippines Corp. (SEMPHIL).
The deal paves the way for a PHP50.7 billion expansion of Samsung's manufacturing operations in Calamba, Laguna, which is expected to generate more than 3,000 high-technology jobs for Filipino engineers and technicians.
The President also met...
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