BIZ BUZZ: Hot infra theme

Weve heard about the likes of BlackRock, Glencore and Morgan Stanley whose leaders met with President Marcos and his economic team in Davos last week, and thereafter signified their intention to bring in new investments.

But there were bilateral meetings with other groups that did not yet want to be named but were just as promising. According to Transportation Secretary Jaime Bautista, one of the biggest aviation services in the world is raring to enter the picture and participate in aviation services and ground cargo handling.

They operate in more than 70 countries and said they are happy with their Filipino employees and thats one of the reasons why they also want to invest in the Philippines, Bautista said.

The transport czar also met with another promising group that wants to invest in the land transportation business. It is also one of the biggest in the world in its field but wants to keep a low profile for now.

Its also infrastructure that investment giant BlackRock is interested in. And because its Bautista whom they had sought for a bilateral meeting, we can assume that its related to transportation, too.