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Investment Signs that President Du30 is Bringing Back the Marcos Golden Years

investment





welcome By: Elena Grace Flores

One can only read the lines to solve the riddles in President Rodrigo Du30’s speeches. He is honest enough to express his pro-stance on the late President Ferdinand Marcos’ Martial Law. It is obvious that his major actions recently follow the Marcos template. The charter change to Federalism is a structure that can prevent the opposition to regain their power in the executive branch. Therefore, there’s a big possibility that Bongbong Marcos can end up as Prime Minister as most people think. The signs are in the infrastructure investment.






Youtube video by;  Rappler

[VIDEO]:  President Rodrigo Duterte says former president Ferdinand Marcos’ declaration of martial law was ‘very good.’ This is in response to a question seeking to clarify Duterte’s earlier statement, where he said that his declaration of martial law would be similar to Marcos’ time.




The Manila-Clark MRT

The 106-kilometerManila-Clark MRT or railway project is one of the “high-impact projects” of President Rodrigo Duterte under the government’s “Build Build Build” infrastructure program. The rail system stands to benefit 350,000 passengers daily on its first year of operations. The Department of Transportation aims to start the finish the construction by 2021. It can decongest Metro Manila and further spread economic gains.




Media Bluff?

In June 2016, Du30 told the media that Chinese diplomats offered to fund and build the project in two years. A year later, the transportation department said the project would be funded through ODA from Japan. However, when it is true that the Japanese are involved in the construction, both the Chinese and the Japanese entities are not the investors.




Alternative to Bongbong Marcos’ Electoral Protest

The PET currently acknowledges the anomalies found as per the observations of Bongbong Marcos. It even issues another order for the local officials of Camarines Sur and Iloilo to explain the issues in the revisors’ incident reports specifically about the excess ballots in favor of VP Leni Robredo. However, the President already expresses his dismay over the delay for his Vice President to take over. Therefore, he can only prolong his stint to lock the position in place against the enemies.









ADB-World Bank Funding

The ADB or Asian Development Bank that aims to support the economic developments of the country is the investor of the Manila-Clark MRT. Asian Development Bank follows the pattern of the World Bank. Both work on various projects in the world side by side with each other. So, could the Marcos deposits for the welfare of humanity at the World Bank be the basis of the huge investment?







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