PRESIDENT Ferdinand "Bongbong" Marcos Jr.'s upcoming visit to the United States is expected to bring in more investments in the country, creating more quality jobs for Filipinos, Go Negosyo founder Jose Maria "Joey" Concepcion 3rd said.

Concepcion made the statement following the President's successful trips to Indonesia and Singapore, where he was able to bring home $14.36 billion in investment pledges.

Marcos, who arrived in Manila late Wednesday after wrapping up his first-ever state visits to Indonesia and Singapore, said the Philippines sealed 10 letters of intent and 12 memorandums of understanding in fields such as renewable energy, data centers, e-commerce, broadband technology, startups, government housing and agriculture.

It is estimated that the investment pledges generated from his visit to Indonesia will create 7,000 jobs in the Philippines while his visit to Singapore will create 15,000 jobs.

"Malaking epekto iyan kasi nagbibigay tayo ng kumpiyansa dito sa mga investors na gustong pumasok dito sa bansa natin at malaking opportunity naman dito sa pagninegosyo at nakikita natin sa administrasyon ni President Marcos ay mas inclusive ang programa niya (That has a big impact because we give confidence here to investors who want to enter the country, and this is a very good opportunity for businessmen. And we can see that the President has a more inclusive programs for the business sector under his administration)," Concepcion said during the Laging Handa public briefing.

Get the latest news
delivered to your inbox
Sign up for The Manila Times’ daily newsletters
By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy.

"At dito sa state visit dito sa New York sa United States na gaganapin ngayong Linggo, mas marami diyan ang palagay ko ang interesado na pumasok dito sa Pilipinas (And here in his state visit in New York in the United States that will be held this coming week, I think there will be more people interested in doing business in the Philippines)," he added.

Philippine Ambassador to the United States Jose Manuel Romualdez had said that the President plans to hold several bilateral meetings with other heads of state on the sidelines of the United Nations General Assembly in New York in September.

"This is the first time that he will be addressing the UN — which is basically introducing himself to the world and the western world, specially, and secondly, to have economic meetings that will bring him investments to the Philippines," Romualdez said in a media forum last month.

Marcos, he said, has drafted his speech, which he will deliver before the UN General Assembly.

"I think the President is preparing his speech. He's had an outline about a month from now," Romualdez said.

When asked if Marcos will address human rights issues raised by groups in the US, Romualdez said the President made it clear that he would like the Philippine National Police to continue the operations against illegal drug activities.

"But, at the same time, following the rule of law, which is very important. We all know that this is part of the contentious issues that have been raised against the Philippines," the envoy said.

"This government of President Marcos clearly sets out the role that our police officers would have to do, following the rule of law and making sure to use restraint," he added. "And if I might add, I think that the other thing that he also would like to implement very strongly is to have more rehabilitation areas."

While in the US, Marcos is also scheduled to meet with various American business groups and investors who would like to expand operations in the Philippines, the ambassador said.

"His main thrust in relations with other countries is to have more economic activity so we planned out to have several meetings with business councils and several groups and also individual meetings with potential companies that would like to invest or already invested in the Philippines," Romualdez said.