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Saudi Arabia will pay displaced OFWs’ wage claims.

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10,000 overseas Filipino workers (OFWs) were forced to relocate when numerous Riyadh-based construction firms filed for bankruptcy in 2015 and 2016, and the Saudi government has promised to cover their salary claims, Malacaang stated on Friday.

The change occurred following a private meeting between President Ferdinand R. Marcos Jr. and Saudi Crown Prince Mohammed bin Salman outside of the 29th Asia-Pacific Economic Cooperation (APEC) Summit in Bangkok, Thailand, according to a news release from Undersecretary Cheloy Garafil, an officer in charge of the Office of the Press Secretary.

The OPS stated that OFWs who worked for Saudi OGer, MMG, the Bin Laden group, and other construction firms that went out of business will receive compensation from the Saudi government, citing a report from Department of Migrant Workers Secretary Susan Ople.

“In order to assist our relocated workers, they have set aside two billion riyals. Therefore, we appreciate Saudi Arabia for the truly fantastic news “said Garafil.

Marcos expressed his appreciation to Prince Mohammed for his “gift” and “positive news” for the displaced OFWs in light of the most recent development.

Balita napakaganda talaga. At this time, the Crown Prince is in pinaghandaan. In fact, it’s a really wonderful news because the situation that led to it is no longer a concern no matter what day it is, and because we were able to reach you, she told you that the gift I gave you was for you. Crown Prince made preparations. He highlighted that he made the choice right before our meeting and that it is his gift to us “Marcos stated, according to the OPS.

Assuring Filipino workers in the Middle Eastern nation of Saudi Arabia that there won’t be any more instances of underpaid wages, according to Marcos, the Saudi Ministry of Labor has also made a pledge to set up an insurance scheme for OFWs.

“Sila mismo magbabayad ng insurance kung sakali man mangyari ulit ‘yan na malugi ‘yung korporasyon na tinatrabahuhan nila at hindi nila makuha ang kanilang sahod. As a result, the Kingdom of Saudi Arabia will provide insurance only in case any of the companies where they are employed file for bankruptcy and are unable to pay their employees’ salaries. Therefore, the Saudi Arabian government is truly assisting us “explained Marcos.

Investment potential and energy concerns were also covered at the bilateral meeting. According to Garafil, the President expects to bring up these topics when the Saudi Prince, popularly known as MBS, visits the Philippines.

If the Crown Prince is able to visit us and we are able to discuss both labor issues and investment opportunities, that would be very beneficial, according to Marcos. “If the Crown Prince is able to visit us and we are able to discuss both labor issues and investment opportunities, that would be very beneficial,” he added.

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