The Philippines and Japan just renewed a pact to bring energy and infrastructure investment home
In Manila, Finance Secretary Frederick D. Go and Japan Bank for International Cooperation Governor Amakawa Kazuhiko have signed a three-year memorandum to mobilise Japanese investment in Philippine energy and infrastructure, including public-private partnerships and clean-energy projects. 'For our economy to remain competitive, we need reliable energy, efficient infrastructure, and resilient supply chains,' Go said. The deal spotlights the Luzon Economic Corridor linking Subic, Clark and Batangas — better connections meant to lower costs and create jobs.
The upbeat factorinvestment aimed at the unglamorous essentials — power, ports and jobs.
SDG 8 · Decent work and economic growth — Mechanism: funding & finance
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