President Ferdinand Marcos Jr. secured around P56.3 billion in potential investments from Japanese firms during his state visit to Japan.
The investments cover shipbuilding, semiconductors, electronics, AI-driven technologies, and green maritime industries, with an estimated 10,300 jobs expected to be generated.
Marcos Jr. met with executives of Tsuneishi Group Corporation for the planned expansion of its shipbuilding facility in the Philippines.
Once completed, the Philippines could become the world’s fourth-largest shipbuilding nation next to China, Japan, and South Korea.
The President also held talks with Furukawa Electric, Sumitomo Electric, and MinebeaMitsumi on expansion projects involving advanced electronics, semiconductor production, and AI-related manufacturing operations in Laguna and Cebu.
In his speech before Japan’s National Diet, Marcos Jr. described the 70-year Philippines-Japan relationship as a “story of transformation” built on reconciliation, trust, and strategic cooperation.
He also met with former Japanese Prime Minister Fumio Kishida to discuss energy security and renewable energy cooperation under the Asia Zero Emission Community framework.IMT
