Speaking to the Japanese businessmen, Go — officially designated as the Special Assistant to the President for Investment and Economic Affairs — emphasized, “There is no better time than now for investors to consider being part of the Philippine growth story.”
Sec. Go outlined the administration's programs and reforms aimed at accelerating growth and attracting foreign investments.
Finance Secretary Ralph Recto, meanwhile, lauded the strong bilateral ties with Japan, calling it “the Philippines’ best friend in the region,” and urged Japanese investors to contribute to the nation's burgeoning economy, poised to become a "tiger economy."
For his part, Bangko Sentral ng Pilipinas Deputy Governor Francisco Dakila, Jr. shared the upgraded net foreign direct investment forecast of $9.5 billion in the first quarter of 2024, citing positive global economic prospects and government growth targets.
Trade Secretary Alfredo Pascual, in the second panel session, highlighted initiatives like the Strategic Investment Priority Plan and the Build Better More program, which offer significant investment opportunities across various sectors.
The briefing underscored the Philippines’ commitment to fostering a robust investment landscape and inviting Japanese firms to expand their ventures in the country.
