 Maharlika Investment Corporation (MIC) and Thailand’s CP Group have joined forces to create a private equity fund targeting up to $1 billion, a significant investment initiative for the Philippines. The MOU, signed this past Saturday in the presence of President Marcos Jr., will focus on three key sectors: modernizing agriculture and food production, accelerating digital transformation, and scaling sustainable energy.
This partnership strategically combines MIC's national investment mandate with CP Group's extensive industry experience and operational strength. The fund aims to drive positive change by enhancing food security, generating employment opportunities, and further positioning the Philippines as a leading investment destination. The fund will be structured to attract both domestic and international investors, providing a powerful engine for sustainable economic growth. Further details regarding the fund's specific investment strategies and participating investors are expected to be released in the coming months according to Rafael Jose Consing Jr., President and CEO of Maharlika Investment Corporation.
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