President Marcos expressed his elation over the groundbreaking plan by James Dyson, the renowned inventor of the bagless vacuum cleaner, to invest approximately P11 billion in the Philippines over the next two years.
“Let’s explore the potential of this collaboration given the resources we have,” beamed Marcos after a meeting with Dyson CEO Ronald Krueger in Singapore, where Dyson is headquartered.
Marcos is particularly enthusiastic about the prospect of creating 1,250 job opportunities through Dyson’s substantial investment. He believes this will lead to the recruitment of more software engineers and other engineering graduates.
Dyson is in the process of constructing a cutting-edge facility for software development and research and development (R&D) within the First Philippine Industrial Park in Sto. Tomas, Batangas.
This facility will primarily focus on software, artificial intelligence, robotics, fluid dynamics, and hardware electronics – all of which are deemed critical for Dyson’s range of products.
These products encompass robotic technologies, air enhancement technologies, and beauty products like the Dyson Supersonic hair dryer, all of which increasingly rely on software, sensors, and connectivity.
The billionaire inventor and entrepreneur chose has selected the Philippines as the location for his first and only software engineering firm in Asia.
He expressed his admiration for the Philippines’ ability to produce a higher number of engineers than Britain and their exceptional passion for engineering and technology.
“I’d love to employ many young people who share this passion and help us develop innovative technology. I dream of creating products that are unique and problem-solving, which we can distribute worldwide, proudly labeling them as ‘developed and made in the Philippines,'” said Dyson in an interview with the Manila Bulletin. “And we’ll achieve that dream.”
“I’d love to be employing lots of young people who savor this and help us develop interesting technology. And to develop products that are different, that solve problems, that we can ship around the world. And to say these are developed and made in the Philippines, and they’re selling all over the world. That would be my dream. And we’ll get there.”