Aquino brings home P13.5 billion investment pledges

President Benigno S. Aquino III delivered the keynote speech speech at the Nikkei 21st International Conference on the Future of Asia, an annual forum that discusses the opportunities and challenges facing the Asia-Pacific region. The President discussed PH-JP relations, developments in the PH, and regional concerns. The President is in Japan for a four-day state visit, on the invitation of the Japanese government. (Malacañang Photo Bureau)

MANILA — President Aquino is back with about P13.5 billion in additional investments from his four-day state visit in Japan.

“This shows the true willingness to be of help rather than be a burden. They are ready to lend us P136.9 billion,” the President said during his arrival statement delivered at the Ninoy Aquino International Airport Terminal 2.

Aside from the congressional loans for infrastructure projects, Aquino also brought him 11 letters of intent to open or expand operations in the country from various businesses. This means 30,761 more jobs for the Filipinos.

Aquino said that the letters were signed during his meetings on Wedneday.

He also noted that the high value chain of the industries who expressed interest in investing the country.

The industries include various businesses from the renewable energy with electric tricycles to printers, smart glasses and other digital media products.

The President also added that included in the list of interested businessmen are from medical equiment like aortic catheter and invitro diagnostics and hemodialysis treatment devices.

“By bringing in these products to the Philippines, it is now clear that the brilliance and talent of Filipinos are recognized all over the world,” he said.