Wire · operational-macro
Marcos backs Mitsubishi business expansion
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Fusion42 · 11 October 2026 · Fusion42 review
President Ferdinand Marcos Jr. supports Mitsubishi Corporation's $700-million investment to increase its stake in Ayala Corp. and renewable energy developer Vena Energy’s P52-billion expansion that will add 1.29 GW of clean energy capacity in the Philippines. The measures include fiscal incentives and streamlined approvals to attract foreign investment aligned with the country’s renewable energy targets.
This Wire brief sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
The Philippine government is opening doors for foreign investors in renewables with faster approvals and full ownership rights giving you a clear path to expand or enter this market. Energy and finance founders targeting the Philippines can now plan growth around concrete incentives and government support.
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1 source · 11 Oct 2026
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