Global infrastructure investment firm I Squared Capital has reaffirmed its strong confidence in the Philippines and its commitment to expand long-term investments in the country’s infrastructure sector. In a meeting with President Marcos in Malacañang, Founder and Chairman Dr. Sadek Wahba commended the administration’s reform efforts and described the Philippines as an attractive destination for sustained infrastructure growth.
The firm has invested over USD 1 billion to date across energy, transport, logistics, and digital infrastructure, and is progressing toward its USD 2-billion investment commitment. I Squared’s latest project is the expansion of Royale Cold Storage in Plaridel, Bulacan—now the largest cold storage facility in Luzon—which will add a new 1.5-hectare site to boost national cold chain capacity.
Speaking on behalf of the President at the groundbreaking ceremony, Special Assistant Frederick Go highlighted the importance of modern cold storage systems in reducing post-harvest losses, stabilizing prices, and strengthening food security. He noted that I Squared’s investments align with the administration’s efforts to attract more foreign direct investment and modernize the country’s logistics and agricultural value chain.
The firm’s renewed commitment comes as the government reassures investors amid a separate probe into alleged irregularities in flood control projects. President Marcos reiterated that anti-corruption efforts will continue and emphasized the administration’s focus on maintaining investor confidence and improving infrastructure development nationwide.
(Sources: Philippine News Agency; Presidential Communications Office)
