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Businessman Benito Techico has been chosen by President Ferdinand R. Marcos Jr. to serve as his special representative to China for trade, investments, and tourism.

According to a video posted by the government-run Radio Television Malacanang (RTVM) on its official Facebook page, Techico received the oath of office from Marcos during a ceremony that took place on Tuesday at Malacanang Palace in Manila.

In a ceremony held at the Study Room in Malacanang Palace on February 21, 2023, President Ferdinand R. Marcos Jr. administers the oath of office to Mr. Benito Techico as the Special Envoy of the President to the People’s Republic of China for Commerce, Investment, and Tourism, according to RTVM.

The Presidential Communications Office (PCO) stated in another Facebook post that Techico is charged with working with government representatives, business executives, and other significant stakeholders to promote and enhance economic cooperation between the Philippines and China. Techico serves as Marcos’ special envoy to China.

The PCO also published many images from the swearing-in ceremony.

According to the Office of the President (OP), Marcos is certain that Techico’s nomination will strengthen relations between the two nations.

The President expressed his optimism that Mr. Techico’s appointment would create new prospects for economic development, growth, and, most importantly, peace and stability between the Philippines and China during the ceremony, the OP added.

Malacanang has not yet made Techico’s appointment document public.

Prior to taking on his current role with the government, Techico was president and chief executive of the Philippine Blue Cross Biotech Corp.

According to a report from the Department of Commerce and Industry, Marcos’ international travels have so far resulted in 116 investment projects totaling PHP3.48 trillion (USD62.926 billion), with China producing the biggest investments equal to USD24.239 billion (DTI).

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Cebuano English Filipino