• Aquino’s 26 foreign trips yielded P334B – Palace

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    PRESIDENT Benigno Aquino 3rd’s 26 trips abroad since he assumed his post in 2010 has earned the country more than P334 billion in investments and created 43,365 jobs, Malacañang said on Sunday.

    In his regular briefing aired live over the government-run Radyo ng Bayan, Presidential Communication Secretary Herminio Coloma Jr. said all the President’s trips which were part of his commitments with the United Nations, the Asia Pacific Economic Cooperation and the Association of Southeast Asian Nations, had been meaningful and fruitful.

    “[The president’s trips] bolstered our economy in the fields of business, trade and investments,” Coloma stressed.

    He added that 66 project commitments from 55 foreign companies were either completed or are still remaining in the pipeline up to today.

    “More than P611 billion in investments and new businesses were promised by China, Japan, the US and Britain which would lead to the creation of 100,000 more new jobs,” Coloma said.

    Out of the 66 projects, 16 had already been accomplished while 16 others are ongoing.

    “The rest are in preparation stage awaiting implementation,” he stressed.

    In 2010, Aquino made his first official foreign trip to the US to attend the 65th United Nations General Assembly and met with US President Barack Obama and leaders of several business sectors in New York City and San Francisco, California. He also visited Vietnam and Japan. In 2011, the President visited Indonesia, Singapore, Thailand, Brunei, Japan, China and the US.

    In 2012, Aquino made trips to Cambodia, United Kingdom, the US, Russia, Brunei, New Zealand, Australia, and Laos.

    This year, Aquino visited Switzerland, Brunei, Myanmar, Indonesia, South Korea and Japan.

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