The Department of Trade and Industry (DTI) welcomed the Japanese cement firm’s sustained investment in the country, citing the terminal’s strategic role in boosting cement supply across Luzon and supporting infrastructure growth.
“This project exemplifies the type of investment that Bagong Pilipinas champions: one that creates jobs, drives innovation, and supports our sustainability goals,” the DTI said in a statement.
The terminal is part of Taiheiyo’s larger P21-billion (JPY 54 billion) multi-phase investment program in the Philippines, which will raise the company’s annual production capacity to 4 million tons and create about 26,000 direct and indirect jobs.
Once operational, the facility will enhance the distribution of blended cement—an eco-friendly product that reduces carbon emissions through the use of recycled materials such as fly ash and slag.
DTI Commercial Counselor Dita Angara-Mathay, based in Tokyo, emphasized the importance of the project in helping the country meet its infrastructure targets.
“As infrastructure continues to be a pillar of national growth, industry leaders like Taiheiyo will be at the forefront of helping us meet both current and future demand,” she said.
Taiheiyo Cement Corp. is Japan’s leading cement manufacturer, with a 40-percent domestic market share and a global workforce of around 13,000. Its Philippine subsidiary, headquartered in Cebu, plays a key role in its Southeast Asian expansion strategy.
Taiheiyo reaffirmed its long-term vision for the Philippines, pledging continued support for the country’s infrastructure and industrial development over the next 50 to 100 years. —Ed: Corrie S. Narisma