PHL, Japan eye ‘collaboration’ in Build Build Build program
Manila and Tokyo continued to engage in talks to deepen industrial cooperation amid the ongoing Build Build Build program of the government.
In a statement released by the Board of Investments (BOI) on Friday, June 29, BOI managing head Ceferino S. Rodolfo said that both countries continued to seek collaboration rather than negotiation in the third round of Industrial Cooperation Dialogues late last week.
“Being the country’s second largest trading partner, we value Japan as among our partners in nation-building as the Philippines continues to modernize and expand its economy anchored on the “Build, Build, Build” program of the government,” he added.
Mr. Rodolfo said he hopes the dialogue will serve as a template for future bilateral negotiations with other countries.
Japanese Ministry of Economy, Trade and Industry official Satoshi Miura said that the collaboration between the two countries will aid in positioning the Philippines as a manufacturing hub in the Southeast Asian region. — Anna Gabriela A. Mogato