British-owned technology multinational Dyson, which moved its operational headquarters to Singapore in 2019, has pledged to invest around $194 million (around 11 billion Philippine pesos) in the Philippines over the next two years, according to a report by the state-run Philippine Information Agency.

“We have announced a significant investment equivalent of 11 billion pesos into the new factory, the new R&D center. We want to expand also in terms of staff, software and others that we require over the next two years,” Dyson CEO Roland Krueger told local media.
The Dyson chief executive added that they are “very proud” to be in the Philippines already as he emphasized that the company already had significant operations in the Southeast Asian country.
Dyson currently has four demo stores across Metro Manila and its products, such as vacuum cleaners, hair care electronics, air purifiers and headphones, are available nationwide in the Philippines via its online store and retail partners.
“Three or four months ago, we made a decision that we wanted to further our investment to the Philippines by expanding our presence there and today we only have a factory producing our own electrical motors,” Krueger told visiting Philippine President Ferdinand Marcos, Jr.
In a statement to the media, Dyson emphasized that its investment would generate around 1,250 jobs and will boost the company’s presence in the Philippines.
Marcos Jr. said Dyson’s investment will mean more jobs for Filipino software engineers and other engineering graduates.