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JP companies express PH investment interest worth Php198.5B: Department of Trade and Industry (DTI) Secretary Ramon M. Lopez (4th from top R) and Department of Transportation (DOTr) Secretary Arthur Tugade (4th from top L) recently met with senior executives of Japan’s seven major trading houses in Tokyo to discuss President Rodrigo Duterte’s trade investment of infrastructure programs. The sogo shoshas or Japanese companies with a broad range of business activities discussed investment interests in the Philippines’ economic development, conservatively valued at Php198.5B. Also present at the meeting were PH Ambassador-Designate Jose Laurel V. (3rd from top L), and representatives from Mitsubishi Corporation, Mitsui and Co., Ltd., Sumitomo Corporation, Itochu Corporation, Marubeni Corporation, Toyota Tsusho, and Sojitz.

In picture are (Top, standing from left to right) Mrs. Dita Angara- Mathay (Commercial Counsellor of Philippine Embassy in Japan), Mr. Yozo Kubo (President, Itochu Corporation), Hon. Jose C. Laurel V (Embassy of the Republic of the Philippines), Secretary Arthur P. Tugade (Department of Transportation), Secretary Ramon M. Lopez (Department of Trade and Industry), Mr. Eduardo M. R. Meñez, (Chargé d' Affaires, a.i., Embassy of the Republic of the Philippines), Ms. Cherie Mercado Santos (Assistant Secretary, Department of Transportation), Mr. Yoshiyuki Hata (Country Chairman Manila Branch, Mitsui & Co. Asia Pacific) Pte. Ltd. Manila Branch, Mitsui & Co. Ltd.). (Bottom, sitting from left to right) Mr. Toshiharu Yoshimura (Senior Managing Executive Officer, Sojitz Corporation), Mr. Masayuki Hyodo (Representative Director, Business Unit, Sumitomo Corporation), Mr. Junzo Shimizu (Senior Advisor to the Board, Toyota Tsusho Corporation), Mr. Shigeru Yamazoe (Senior Executive Vice President, Marubeni Corporation), Mr. Hiroshi Sakuma (Executive Vice President, Global Environmental & Infrastructure Business Group, Mitsubishi Corporation).

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