Trump promises expedited approvals, permits for investors

Donald Trump wearing a “Make America Great Again” cap during his 2016 presidential campaign (Photo By Gage Skidmore from Peoria, AZ/Wikimedia Commons, CC BY-SA 2.0)

By Anadolu, Philippine News Agency

ISTANBUL – US President-elect Donald Trump promised “fully expedited approvals and permits” on Tuesday for those who invest USD1 billion or more in the US.

The permits would have no limit, including all environmental approvals, Trump said on his Truth Social social media platform.

He did not disclose details in his post but he previously promised to provide tax cuts and incentives to companies during his election campaign.

Trump also said the US would reduce bureaucracy for those who invest in the US.