The shipyard of New York-based alternative investment firm Cerberus Capital Management in Subic, Zambales. The company on Friday (July 25, 2025) said it is investing an additional P15 billion in the Philippines in the next 12 months. (Photo courtesy of Aguila, Subic website)
Global investment giant Cerberus Capital Management is doubling down on the Philippines, announcing an additional P15 billion investment over the next year to expand its operations in the country.
The New York-based firm, known for acquiring the 300-hectare Agila Subic Shipyard (formerly the Hanjin Shipyard) in 2022, revealed its bold move during a high-level meeting with President Ferdinand R. Marcos Jr. in Washington, D.C. earlier this week.
Cerberus said the fresh round of investments will go toward modernizing the Subic shipyard and launching new ventures across key sectors—including energy, transport infrastructure, and logistics.
“We’re encouraged by the progress we’ve seen and the strong support from the Philippine government,” said Cerberus Managing Director Alexander Benard. “We believe the Philippines has the potential to be a long-term regional hub for industrial and logistics activity. This next phase of investment is a big step toward realizing that vision.”
Special Assistant to the President for Investment and Economic Affairs Frederick Go, who joined the President’s U.S. visit, welcomed the development, emphasizing the projects’ strategic value.
“These initiatives are critical to strengthening the country’s energy security and modernizing our logistics backbone,” Go said. “They won’t just boost economic activity—they’ll generate thousands of jobs and solidify the Philippines’ position as a major logistics player in Southeast Asia.”
The latest investment marks a deepening of Cerberus’ commitment to the Philippines, as the nation continues to attract foreign capital with its improving business climate and infrastructure agenda.