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HomeLatestEffects of productive PBBM Japan journey to be felt 'quickly'

Effects of productive PBBM Japan journey to be felt ‘quickly’

MANILA – President Ferdinand R. Marcos Jr. on Friday mentioned the consequences of the collection of enterprise conferences in Japan can be felt “very rapidly” after his five-day working go to in Tokyo.

Marcos mentioned his journey is “very productive” contemplating the signing of 35 key funding offers between the Philippines and Japan.

“And I think that we will be able to feel the effects of these discussions, of these agreements, very, very soon, very rapidly back home in the Philippines,” Marcos mentioned in an interview.

Marcos mentioned his official go to to Japan is “particularly important” as a result of it’s “setting down the blueprint” for the 2 nations’ relations as they lay out their restoration plans from the coronavirus illness 2019 (Covid-19) pandemic.

He mentioned the 35 enterprise offers signed additionally “cut across the whole gamut.”

“They have supported our agriculture, they have supported our attempts at making the digitalization of the Philippines a more widespread phenomenon,” Marcos mentioned.

“We’re talking about [agriculture], we are talking about digitalization, we are talking about industry, we are talking about automotive development, we are talking about energy, even education [and] tourism,” he added.

‘Deeper’ relations

Marcos additionally expressed gratitude to the Japanese authorities and enterprise leaders he met for being “very open” to assist “increase the development of our country.”

The conferences yielded optimistic outcomes, Marcos mentioned, noting a number of pledges can even assist the Philippines in enhancing safety and protection, and local weather change mitigation and adaptation, amongst others.

Maros mentioned the commitments from the Japanese authorities and enterprise sector is a sign of “deeper” ties between Manila and Tokyo.

“Those relations have grown and have become deeper as time has gone on and we owe Japan a debt of gratitude for the support that they have given us in those years, even in the ’60s, in the ’70s and all the way up to now, where they have supported our infrastructure development,” he added.

“[This is] in terms of again, those areas: infrastructure, digitalization, agriculture, some of the traditional areas with which we had always dealt with Japan, but some new areas, areas such as security and defense and also mitigation and adaptation to the effects of climate change,” Marcos mentioned.

Expansion of companies

One of the Japanese corporations that sought to broaden their operations within the Philippines is Marubeni Corp., a significant built-in buying and selling and funding enterprise conglomerate.

Marubeni officers, led by chief govt officer Masumi Kakinoki, reaffirmed their partnership with the Philippines in a gathering with Marcos in Tokyo, additionally on Friday.

“Now, in addition to the traditional generation system, we are very much committed to increase renewable energy like mini hydro, solar and wind project and we are discussing with your country, our local partner to develop such kind of new facilities,” Kakinoki informed Marcos, thanking the President for the “solid partnership.”

Marcos additionally expressed gratitude to Marubeni, saying the Philippines’ partnership with the personal agency “extends beyond the corporate and government-to-government partnership.”

“It’s a long-standing friendship, I think, at a very personal level,” he mentioned, noting Marubeni’s “very, very high” profile within the Philippines. (PNA)