The Philippine Economic Zone Authority (PEZA), in partnership with Aboitiz InfraCapital (AIC), promoted investment opportunities in the Philippines during the Philippines-Japan Investment Fora held in Osaka and Tokyo from September 29 to October 5, 2024.
The fora, supported by the Philippine Trade and Investment Center (PTIC), aimed to strengthen investment ties between the two countries, focusing on opportunities in PEZA-administered economic zones and AIC estates.
PEZA Director General Tereso O. Panga emphasized the significance of Japanese investors to the Philippines, stating, “The presence of our developer partners such as Aboitiz InfraCapital, reinforces the importance of the Japanese business market in the Philippines, being our country’s number 1 locator.”
Panga highlighted the goal of attracting Japanese companies to expand their presence in the Philippines, which would generate higher production efficiencies and increase the number of locators, exports, and job opportunities.
The fora featured active participation from Japanese investors, showcasing the Philippines’ competitive advantages, including a skilled workforce, favorable investment climate, enhanced incentives, and strategic location in Asia.
Alongside AIC, PEZA engaged in business-to-business (B2B) meetings with key industry players such as the Osaka Chamber of Commerce and Industry (OCCI) and Hankyu Hanshin Properties Corp., deepening discussions on collaboration and investment.
The meetings underscored Japan’s role as a major investor in the Philippines, with PEZA hosting 807 Japanese locator companies, contributing PHP 578.535 billion in investments, USD 7.611 billion in exports, and creating 335,332 direct jobs.
A meeting with TDK Corporation and TDK Philippines Corporation also explored potential expansion projects, further solidifying the Philippines as a prime investment destination for Japanese companies.
The fora attracted over 60 participants from various Japanese companies and organizations, reaffirming Japan’s strong interest in exploring investment opportunities in the Philippines.
