The statement did not provide a detailed breakdown of the investment pledges made during the meeting, which was in line with the administration’s goal to forge a “cohesive, future-ready economic partnership” with Japan.
TOKYO – Japanese businesses have committed to invest about P210-billion in the Philippines during President Marcos’ high-level roundtable meeting with investors on the sidelines of his four-day state visit here, Malacañang said on Wednesday, May 27.
In a statement, the Presidential Communications Office (PCO) said the combined capital inflows are expected to catalyze substantive macroeconomic benefits, expand domestic industrial capacity and directly generate thousands of high-quality, specialized jobs for Filipinos.
“The roundtable concluded with a massive visual vote of confidence for the administration’s economic agenda, yielding an aggregate investment commitment of $3.4 billion (approximately P210 billion) from participating Japanese corporations,” the PCO said.
“Beyond immediate employment, this strategic financial infusion underscores the resilience of the Philippine market, promising long-term economic dividends by fortifying local supply chains, upgrading tourism infrastructure, and accelerating technology transfers across critical growth sectors,” it added.
The statement did not provide a detailed breakdown of the investment pledges made during the meeting, which was in line with the administration’s goal to forge a “cohesive, future-ready economic partnership” with Japan.
Marcos cited the foundational contributions of the Japanese firms operating in the Philippines, including All Nippon Airways, Toyota, Mitsubishi Corporation, Marubeni, Panasonic, and Fast Retailing. He thanked them for their continued confidence in the Philippine economy and for helping create high-quality opportunities for Filipino workers and industries.
“You are no longer just investors in our economy. You are builders of it,” the Chief Executive said.
Marcos also cited the need for a robust Philippine-Japan economic corridor and a groundwork for an enhanced, unified partnership to navigate global difficulties, build resilience and sustain momentum.
“As we mark 70 years of the normalization of our diplomatic relations, we are no longer simply commemorating history,” he said.
“We are entering a new chapter — a chapter defined not only by friendship, but by deeper integration, shared growth, and a common belief in the future.”
He gave assurance that the Philippine government is continuously working to boost institutional efficiency and long-term investment stability.
“We are modernizing institutions, environment, and positioning the Philippines so that trade and tourism can more strongly drive long-term economic growth and job creation,” he said.
“To all our Japanese partners, you know the Philippines not from reports, but from experience. You know our workforce: skilled, adaptable, and globally competitive…resilient in adversity, ambitious in opportunity, and increasingly connected to global trade and tourism flows. And you know something even more fundamental: That the Philippines is defined not by one strength – but by many working together.”