Japanese businesses expressed eagerness to strengthen partnerships with the Philippines citing the nation’s stable economic growth under the present administration.
Ken Kobayashi, chair of the Japanese Chamber of Commerce and Industry (JCCI), said the country’s stable and high economic growth in recent years has attracted Japanese investors to develop their operations in anticipation of an increased workforce population as well as domestic demand.
This is the first economic mission conducted by the JCCI since the pandemic.
Kobayashi hailed President Marcos’ Socioeconomic 8-Point Agenda while citing different fields for cooperation between Japan and the Philippines.
“In the Socioeconomic 8-Point Agenda that you have announced, Mr. President, you prioritize social security and the development of human capital,” he said during JCCI’s courtesy call in Malacañang.
