MANILA – GMA resident analyst Richard Heydarian on Tuesday said investments from Japan will provide more jobs for Filipinos.
“The investments of Japanese are more helpful to ordinary Filipinos kung titingnan mo breakdown ng jobs and opportunities, not to mention issues of equality and transparency,” Heydarian said in an interview on GMA News’ “Unang Balita.”
“Mahalaga ang Japan dahil top trading partner natin ang Japan, top investment partner natin at of course, top source infrastructure investment ang Japan,” he added.
President Rodrigo Duterte is set to visit Japan to attend the Nikkei’s 24th International Conference on the Future of Asia on May 30 and 31.
According to Heydarian, Duterte’s official visit to Japan is a good opportunity for him to meet “major investors and thinkers” hailing from other countries.
“Ito ‘yung isang panahon o oportunidad para kay Pangulong Duterte para ma-meet niya ‘yung mga investors sa Japan at of course si Prime Minister Shinzo Abe,” Heydarian said.
“‘Pag titingnan mo, ang beshie talaga ni Pangulong Duterte ay Japan… kasi may consulate ang Japan sa Davao ever since, big investors ang Japan. Marami sa infrastructure projects, public services sa Davao ay funded by Japanese aid agencies so this is a good relationship,” he added.
Heydarian believes that the Philippines’ ties with Japan is the “most important economic relationship over the past two or three decades.”
Earlier, the Department of Trade and Industry noted that the two countries are also set to sign business deals worth P300 billion.
According to the DTI, there will be more than 20 business agreements which include deals in infrastructure, manufacturing, electronics, medical devices, business process outsourcing (BPO) as well as electricity, transport, automotive, food manufacturing and marine manpower industries. (GMA News)