Increase in Japanese investment interest detected
There has been an increase in investment-related interest and queries from Japanese firms, said Department of Trade and Industry – Philippine Trade Investment Center – Tokyo commercial counsellor Dita Angara-Mathay.
Angara-Mathay said Japanese companies are inquiring about “opportunities related to electronics manufacturing, power generation, renewable energy, construction and food processing.”
PEZA director general Charito Plaza stated that they’re inviting Japanese firms to come and invest in the Philippines. Plaza added that the latter offers many benefits, including access to an English-proficient and young workforce.
Further, Japanese Ambassador Koshikawa Kazuhiko said recent developments in the country, including the passage of the CREATE Law, will be beneficial for investors.
“It is highly anticipated that the changes brought about by these measures will lead to more active investments from Japan in the future,” Kazuhiko said.
Related news
- Japanese firms urged to invest in PH · 26 Nov
- Japan’s biggest power company to invest $1.58bn in Aboitiz · 29 Sep
- IT-BPM drives 48% of office demand in 2021 · 17 Dec
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
