From the Website of the President
links: http://president.gov.ph/
Article Links: http://pcoo.gov.ph/news-releases/
Article Links: http://pcoo.gov.ph/news-releases/
Japan
will help support the creation of business opportunities in the Philippines
worth 1 trillion yen, announced a top Japanese government official.
“Japan will support to create business
opportunities approximately 1 trillion yen level for over the next five years,
including a Japanese ODA, Official Development Assistance and private
investments for the Philippines,” said Japanese Press Secretary Yasuhisa
Kawamura.
Kawamura who is in the country with
visiting Japanese Prime Minister Shinzo Abe, spoke at a press briefing in
Malacanan for local and foreign media on Thursday, January 12.
The Japanese Press Secretary said to
realize this 1 trillion support to the Philippine economy, Japan would
establish a joint committee on economic cooperation and infrastructure and
would also send experts to the National Economic Development Authority.
He also said Japan will contribute to
infrastructure development in the Philippines in transportation and electric
generation by taking advantage of the Japanese technology.
Kawamura said Japan will spur the
development of Davao City and the conflict affected areas in the country
through support in irrigation, road construction, power generation and
education.
To strengthen the security of the
country and its anti-terrorism efforts, Japan will provide security related
equipment, according to Kawamura.
The Japanese official said in the area
of maritime security and defense, Japan will support through capacity building,
equipment and training exercises.
Kawamura also expressed Abe’s desire to
cooperate proactively on the issues of the region together with the Philippines
as the Chair of ASEAN.
“The ASEAN’s solidarity and centrality
should be strengthened and it is important to develop ASEAN as an open
community,” said Kawamura.
On the South China Sea, Kawamura
underscored the importance of the rule of law and its peaceful resolution.
Commenting on Prime Minister Abe’s
visit to Davao particularly to the hometown of President Rodrigo Roa Duterte,
he said that is something the Prime Minister is really looking forward to.
Finally, Kawamura repeated what
President Duterte said during the latter’s official visit to Japan: “Japan and
the Philippines are not simply friends but we are more than that. We are
brothers.”
Office of the President Website
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Article links:
http://pcoo.gov.ph/news-releases/#1%20trillion
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