Ramon S. Ang, president and CEO of San Miguel Corp. (SMC), declares his support to President Rodrigo Duterte amidst criticize from various sectors and in the international community.
Ang says the giant conglomerate is investing heavily in manufacturing and infrastructure because the country will boom under the Duterte administration.
“Mark my word: This country will fly. This country will be a better place for our children and grandchildren because the drug problem will be eliminated under Duterte,” Ang said.
Ang added that Duterte will be the best president the Philippines has ever had if he solves the problems of drug, criminality and corruption.
Because of the expected economic surge, SMC is building more airports, sea ports and railways, and acquiring trains.
Ang said Petron, the leading fuel company, will be expanded; petrochemical and power plants and cement factories will be built by the business conglomerate SMC.
Ang is one of the prominent names in the business community and with his words about Duterte will surely resonate with other business giants.
The business tycoon recently build a $300 million cement manufacturing plant in Davao City through his firm Eagle Cement Corporation which will produce 50 million bags of cement per year.
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