Businessman Manuel V. Pangilinan, and Japanese diversified investment conglomerate Mitsui & Co. have pledges to pour in $600 million for infrastructure development in the Philippines.
TOKYO — Businessman Manuel V. Pangilinan, and Japanese diversified investment conglomerate Mitsui & Co. have pledges to pour in $600 million for infrastructure development in the Philippines.
The PCO said Mitsui & Co. is also eyeing investments in priority sectors of the administration, particularly in agriculture, infrastructure and renewable energy. “We can point to so many of the developments that happened in the Philippines with the assistance of the different Japanese funding agencies and government-to-government arrangements, the commercial arrangements -- and these have been for the benefit of both our countries,” the PCO quoted President Marcos as saying.
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