Marcos bags P56-B Japanese investments, 10K jobs in shipbuilding, tech
Manila, May 28 -- President Ferdinand R. Marcos Jr. secured about PHP56.3 billion worth of potential investments from major Japanese firms during separate meetings on Thursday on the sidelines of his four-day state visit to Japan.
The investments span shipbuilding, advanced electronics manufacturing, semiconductor production, artificial intelligence or AI-driven technologies, and green maritime industries.
The projects are expected to generate about 10,300 additional direct and indirect jobs in the Philippines.
Marcos met with executives of Tsuneishi Group Corp. to discuss the expansion of the company's shipbuilding facility in the Philippines.
Once completed, the expansion is expected to help position the Philippines as the worl...
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