I Squared Capital has reaffirmed its confidence and commitment to supporting the Philippines’ infrastructure development following a meeting between its Founder and Chairman, Dr. Sadek Wahba, and President Ferdinand “Bongbong” Marcos Jr. on Friday.

As a global infrastructure investment firm focusing on infrastructure assets around the world, and remains as the country's leading foreign investor with $2 billion, Dr. Wahba praises the administration's effort regarding the infrastructures reforms .

Earlier in the day, a groundbreaking and capsule-laying ceremony was held for a 1.5-hectare Royale Cold Storage (RCS) facility in Plaridel, Bulacan, led by Secretary Frederick Go, Special Adviser to the President for Investment and Economic Affairs.

The project is among the firm’s ongoing investments, reflecting I Squared Capital’s strong support for the Philippine economy and infrastructure development.