THE Department of Finance (DoF) said it held talks with Japan’s Kyushu Economic Federation (Kyukeiren) for possible investment in the Philippines.
In a recent meeting with Kyukeiren President Yutaka Aso, Finance Secretary Carlos G. Dominguez III said Kyukeiren members could potentially invest in the Philippine cement and steel industries.
“We like to invite Kyushu businessmen, under your leadership, to make some serious investments here,” Mr. Dominguez told Mr. Aso, according to a statement issued Thursday.
Mr. Aso was quoted as saying that President Rodrigo R. Duterte’s big infrastructure push is a “strong mission…” which is “very important.”
“I come here quite constantly, your economy, it is booming and flourishing. And very impressive, especially all the service industries, the standard of their quality is very high,” Mr. Aso said.
Kyukeiren has about 970 members in the third-largest and shouthernmost of Japan’s main islands. — Beatrice M. Laforga