25/02/2026
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JTA International Investment Holding has pledged to invest at least $3 billion in the Philippines, with $1 billion allocated specifically for Cebu.
The announcement was made by Philippine Chamber of Commerce and Industry immediate past president Consul Enunina Mangio, who said the commitment resulted from a trade mission to Qatar in November.
βAllow me to announce that they promised to invest in our country a minimum of $3 billion. And right now in Cebu, there is already a firm commitment of $1 billion,β Mangio said on Saturday, Feb. 21, 2026.
JTA chairman and chief executive Dr. Amir Ali Salemi reaffirmed the companyβs keen interest in expanding into the Philippines, particularly in Cebu, where two initial projects are currently under consideration.
Salemi said the firm is looking at launching a large-scale residential development and a tourism-focused venture.
βWe are a multi-sector investment holding company active in energy, real estate, theme parks, healthcare and tourism,β he said. βIn Cebu, we already see two major opportunities, residential and tourism, and we hope to begin with these projects.β
