PH eyes P300-B in business deals in Duterte visit to Japan
Credit to Author: The Manila Times| Date: Mon, 27 May 2019 06:21:36 +0000
THE Philippines is set to ink P300-billion worth of deals with Japanese firms during President Rodrigo Duterte’s trip to Japan later this month, the Department of Trade and Industry (DTI) said.
In a statement on Monday, DTI Secretary Ramon Lopez said that the Philippines would be signing over 20 business agreements expected to generate 8,000 jobs.
The investment pledges will cover infrastructure, manufacturing, electronics, medical devices, business process outsourcing, power, electricity, transport, automotive, food manufacturing and marine manpower industries.
“Japanese investors remain bullish on the sustained growth momentum under the administration of President Duterte, given its aggressive infrastructure build-up, meaningful investment and financial reforms and demographic advantages,” he said.
Duterte is set to attend Nikkei’s 25th International Conference on The Future of Asia in Tokyo, Japan on May 30-31. TYRONE C. PIAD
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