Economic team to visit Japan
THE Philippine economic team will visit Tokyo later this month to discuss with Japanese officials ways of speeding up the implementation of the government’s flagship infrastructure projects for possible funding by Japan.
The Finance Department in a statement Thursday said the visit also aimed to brief potential investors on the vibrant prospects for the Philippine economy.
The meeting in Tokyo of the Philippines-Japan High-Level Committee on Infrastructure and Economic Cooperation will be the third such dialog to be called since the first was held in Tokyo in March this year.
The second high-level committee meeting was held in July in Manila, where Secretary Ernesto Pernia of the National Economic and Development Authority, who co-chairs, with Finance Secretary Carlos Dominguez III, the committee for the Philippines, announced an indicative list of projects with an estimated total cost of P315.4 billion that were pipelined for possible Japanese financing.