The Philippine Economic Zone Authority said Monday it expects more Japanese companies to invest in the Philippines.
“We are encouraging more investments coming from Japan especially this time when we, alongside President Bongbong Marcos Jr., are most aggressive in promoting the Philippines to international business community. The Japanese will always be ichiban [number one] in PEZA and in the country,” said PEZA officer-in-charge Tereso Panga.
The Philippine Trade and Investment Center in Osaka and the representative office of the Department of Trade and Industry in Western Japan organized the three-day Business Partner City conference in Manila, the first time in more than two years that the event was held physically since the pandemic.
About 15 Japanese companies plan to put up businesses in different sectors including manufacturing, food, agriculture, pharmaceutical, electronics and machinery. Presidential special envoy to Japan Reghis Romero II underscored the efforts done by the government to continue pitching in the country to Japanese investors. Othel V. Campos