PH secures P56.3-B investment, 10,300 jobs during Japan state visit, says DTI

The Philippines secured P56.3 billion worth of investments and 10,300 jobs during during President Ferdinand Marcos, Jr.'s recent state visit to Japan, Department of Trade & Industry Secretary Maria Cristina Roque said Sunday.

From May 26 to 29, Marcos Jr., First Lady Liza Araneta-Marcos, and other Philippine delegates visited Tokyo, Japan, at the invitation of the Japanese government.

In an interview on Super Radyo dzBB, Roque said the Philippines engaged in four business meetings with Japanese companies that are already operating in the country, namely: Furukawa Electric Co., Ltd., Sumitomo Electric Industries, Ltd., MinebeaMitsumi, and Tsuneishi Group Corporation.

“These are real investments, they have already commitment and most of them have already started,” Roque said.

“Meaning, like itong Furukawa nag-start na sila ng application nila ng May 2026. Itong si Sumitomo has also started a groundbreaking noong May 4, 2026,” she explained.

According to Roque, MinebeaMitsumi has invested P30 billion and has also begun its groundbreaking; meanwhile, the Tsuneishi Group Corporation has invested P10 billion and is awaiting the President’s approval for its shipyard in Balamban, Cebu.

“So this is a total of P56.3 billion and 10,300 jobs. Ito po yung apat ng meeting that the President went,” Roque said.

The DTI head reported that currently, among the most exported products of the Philippines are semiconductors, minerals, electronic parts, and automotive parts, alongside agricultural products. —RF, GMA News