MANILA — Malacañang said the Philippines will remain attractive to investors despite corruption allegations in infrastructure projects, citing President Ferdinand R. Marcos Jr.’s firm action against abuses.

Presidential Communications Office Undersecretary and Palace Press Officer Claire Castro said the President’s stance on accountability and transparency assures the public and investors that the government is serious in addressing irregularities.

“We all know that investors want to invest in countries whose leaders fight corruption, whose leaders are willing to put in jail people who are corrupt, and that is what the President is doing right now,” Castro said in a Palace briefing.

She added that Marcos is the first leader to initiate an investigation into alleged anomalies in infrastructure projects under his own administration.

On September 11, the President issued Executive Order No. 94 creating the Independent Commission for Infrastructure (ICI) to investigate and recommend charges against officials, employees, and individuals linked to irregularities in flood control and other public works projects of the Department of Public Works and Highways (DPWH) over the past decade.

Retired Supreme Court Associate Justice Andres B. Reyes Jr. was appointed ICI chairperson, with former DPWH Secretary Rogelio Singson and SGV and Co. Country Managing Partner Rossana Fajardo as members.