Doha-based investment powerhouse JTA International Investment Holding is lining up as much as USD3 billion in fresh capital for the Philippines, signaling one of the largest prospective foreign investment pushes into the country this year.
Founder and chief executive officer Amir Ali Salemi disclosed the plan in a press conference on Tuesday, February 24, saying the firm sees “many good opportunities” in one of Southeast Asia’s fastest-growing economies. The proposed investments will target tourism, healthcare and technology — sectors viewed as ripe for long-term expansion.
Two major tourism developments are planned in Cebu, including a five-star hotel complex with four condominium towers and a resort, and a separate five-star hotel, resort and casino project, according to Philippine Chamber of Commerce and Industry past president Enunina Mangio. In Metro Manila, JTA is eyeing a new tertiary hospital project aimed at bolstering healthcare capacity in the capital region.
The group is also exploring a technology hub in partnership with listed fiber broadband provider Converge ICT Solutions, underscoring its interest in the Philippines’ fast-expanding digital economy.
Salemi said JTA typically takes a 40 percent to 60 percent stake in projects, investing alongside domestic partners after its business development team completes due diligence. “We should find a co-investor or local partner,” he noted, highlighting the firm’s collaborative model.
Headquartered in Doha, JTA operates 50 offices worldwide and oversees 20 subsidiaries with interests spanning energy, construction, mining, real estate, artificial intelligence, healthcare, agriculture, tourism and transportation.
If realized, the Philippine investments would mark a significant expansion of JTA’s Southeast Asian footprint — and a major vote of confidence in the country’s growth story.
