BERLIN, Germany - The Philippines has secured at least US$ 4 billion worth of investments from Germany amid President Ferdinand ''Bongbong'' Marcos Jr.'s working visit to the country.The investment deals, which has a total of P220 billion, include three letters of intent from different German companies, two memoranda of agreement, and three memoranda of understanding .
A memorandum of agreement was also sealed by the two countries through a Public Private Partnership, which seeks to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines.The second MOA, meanwhile, aims to expand potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, and safety systems for buildings, consumer appliances, and healthcare.
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