THE Department of Finance (DoF) said it held talks with Japan鈥檚 Kyushu Economic Federation (Kyukeiren) for possible investment in the Philippines.
In a recent meeting with Kyukeiren President Yutaka Aso, Finance Secretary Carlos G. Dominguez III said Kyukeiren members could potentially invest in the Philippine cement and steel industries.
鈥淲e like to invite Kyushu businessmen, under your leadership, to make some serious investments here,鈥 Mr. Dominguez told Mr. Aso, according to a statement issued Thursday.
Mr. Aso was quoted as saying that President Rodrigo R. Duterte鈥檚 big infrastructure push is a 鈥渟trong mission…鈥 which is 鈥渧ery important.鈥
鈥淚 come here quite constantly, your economy, it is booming and flourishing. And very impressive, especially all the service industries, the standard of their quality is very high,鈥 Mr. Aso said.
Kyukeiren has about 970 members in the third-largest and shouthernmost of Japan鈥檚 main islands. — Beatrice M. Laforga
