Corruption has always loomed large in the minds of foreign investors eyeing the Philippines. But recent moves by the government, particularly President Marcos’ creation of the Independent Commission for Infrastructure (ICI), could signal a shift. Ebb Hinchliffe, the executive director of the American Chamber of Commerce of the Philippines, expressed optimism about these actions, and it's hard not to share that excitement.
By establishing the ICI to investigate past anomalies in flood control projects, the government is taking a clear stand against corruption. This initiative could mark a turning point for investor confidence. It's not just about talking the talk—people want to see accountability. With former DPWH secretary Rogelio Singson and SGV & Co.’s Rossana Fajardo leading the charge, and Baguio City Mayor Benjamin Magalong on board as a special adviser, it seems they’re finally putting some serious muscle into it.
Let’s be real; the youth are watching. If these reforms don’t lead to real change, then who knows what the next generation will do? But for now, it seems like the government is ready to step up and hold those responsible accountable, and that might just be what it takes to attract foreign investors ready to pour money into the country.
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