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PH, Japan Firms Forge PHP210-B Deal for Tourism, Industrial Infrastructure

Manila: The Department of Tourism (DOT) and the Department of Trade and Industry (DTI) have broken traditional promotion molds to secure critical infrastructure commitments from Japan's top business leaders. In a news release on Monday, the DOT said Tourism Secretary Dita Angara-Mathay conceptualized an initiative that bridges the gap between tourism promotion and heavy economic development.

According to Philippines News Agency, the high-level roundtable, held during the State Visit of President Ferdinand R. Marcos Jr. to Japan, resulted in PHP209.8 billion (approximately USD3.4 billion) in combined direct investments, pipeline opportunities and financial credit pledged by Japanese conglomerates to fortify the country's economic and tourism ecosystem. "Tourism today is closely interconnected with aviation, mobility, digital infrastructure, healthcare, energy reliability, and broader investment readiness," Angara-Mathay said. "Our objective is to strengthen the ecosystem that supports tourism growth while creating wider opportunities for regional development, connectivity, investments, and economic participation," she added.

Japanese executives welcomed the integrated approach, noting that a country's ultimate tourism competitiveness no longer relies on scenic spots alone but increasingly depends on broader systems like healthcare capacity, digital access, and urban resilience. About PHP109 billion (USD1.77 billion) of the multibillion commitment will go to DTI industrial priorities, including manufacturing, electronics, automotive, maritime industries, logistics, and mobility systems. Meanwhile, the PHP100.8 billion (USD1.64 billion) for DOT infrastructure priorities will fund the tourism-enabling infrastructure, destination-oriented digital connectivity, medical and wellness tourism, destination retail, and transport support systems.

Japan's leading sectors also made actionable commitments that would upgrade the Philippines' capabilities. ANA and JAL emphasized strengthening air connectivity to drive business, cargo, and tourism, while JTB Corporation highlighted expanding direct regional access, such as their newly launched Japan-Bohol charter flights. IPS / InfiniVAN committed to boosting digital connectivity in underserved areas to support tech-driven tourism. Meanwhile, MUFG and Mitsubishi Corporation focused on deploying digital finance and cashless fintech systems to integrate micro, small and medium enterprises into the formal tourism economy.

Marubeni Corporation, Mitsui and Co., and J-POWER underscored their commitment to supporting long-term tourism competitiveness through robust energy systems, water logistics, and urban resilience. MinebeaMitsumi and Murata Manufacturing discussed implementing smart lighting, advanced connectivity, and visitor safety technologies in heritage and regional destinations. Resorttrust targeted the high-value medical tourism market, focusing on wellness facilities, preventive healthcare, and senior-oriented services to position the Philippines as a premier long-stay destination.

The DOT emphasized that the overwhelming response from Japanese financial institutions and trading houses, including Sumitomo Mitsui Financial Group, Mizuho Financial Group, Itochu, Sumitomo, Sojitz, Toyota, and Panasonic, signals immense international confidence in the Philippines' current economic trajectory. The government is ensuring that foreign investments yield inclusive growth, regional connectivity, and sustainable job generation for Filipinos, it said.