13 December 2013
At the sidelines of the ASEAN-Japan Commemorative Summit, President Benigno S. Aquino III met with Nippon Keidanren or the Japan Business Federation where he invited its members to explore further opportunities for investment in the Philippines.
The President said that the country decided to adopt the Digital Terrestrial Television system using the Japanese standard. He added that it has already begun dealing with Tax Credit Certificates and approved 31 out of 47 applications it received to date.
“It might be of interest to you that infrastructure remains ripe for investment as we have successfully bid out some of our major Public-Private Partnership Projects such as school buildings, two major connector roads, an automatic fare collection system and most recently, an international airport in Cebu,” he said.
President Aquino also thanked the Japanese business confederation for the help it extended to the Philippines in the recent calamity that the country went through. Among the Japanese companies that expanded operations, according to him, are Canon, Epson, Brother, Murata, Furukawa, Bandai, Fuji Film, Cemedine, Terra Motors, Family Mart and Lion.
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