MANILA – Businessmen from the Japanese city of Nagoya are keen on investing in the Philippine manufacturing industries, particularly in automotive, heating devices, iron and steel and electrical equipment, the Board of Investments has reported.
According to Trade and Industry and BOI Managing Head Ceferino Rodolfo reported on this after meeting with a business delegation led by Nagoya Chamber of Commerce and Industry (NCCI) Vice Chairman, Hiroyasu Naito.
Naito is also the President of Rinnai Corporation.
Rodolfo commended NCCI for bringing in investment missions to the Philippines and providing promotional opportunities for outbound missions and exhibitions, saying such gesture “further supports the agency’s Industry Roadmapping initiatives specifically in areas such as manufacturing, automotive, micro, small, and medium enterprises (SMEs), services, and human resource development.”
In Japan, NCCI plays an active role in sponsoring investment seminars, consultation and guidance services to SMEs, who have business interests or expansion plans overseas, the BOI noted.
