May 29, 2026
TOKYO – President Ferdinand Marcos Jr. on Thursday secured around P56.3 billion in potential investments from major Japanese companies in shipbuilding, electronics, semiconductor production, artificial intelligence (AI)-driven technologies, and green maritime industries.
In a press release, the Presidential Communications Office (PCO) said the investment pledges are projected to generate around 10,300 additional direct and indirect jobs across the Philippines.
Earlier in the day, Marcos met with the executives of Tsuneishi Group Corporation to discuss the latter’s plan to expand its shipbuilding facility in the Philippines.
“Once the expansion is completed, the Philippines is projected to become the world’s fourth-largest shipbuilding nation, next to China, Japan, and South Korea,” the PCO said.
He also discussed with executives of Furukawa Electric Co. Ltd., its proposed expansion of operations at the Laguna Technopark to increase production capacity for high-performance heat sinks used in cooling data center processing units, including CPUs and GPUs.
Additionally, Marcos discussed with leaders of Sumitomo Electric Industries, Ltd., a P4.3-billion expansion project in advanced electronics manufacturing.
“The investment includes the construction of a new 4,706-square-meter facility in Cabuyao, Laguna by the company’s Philippine unit, First Sumiden Circuits, Inc. (FSCI), the country’s sole manufacturer of flexible printed circuits,” the PCO said.
Lastly, executives of MinebeaMitsumi Inc. presented to Marcos their ongoing and planned investments in the Philippines covering semiconductor back-end manufacturing, battery-related components for hyperscale data centers, Optical Image Stabilization (OIS) technologies, and advanced precision manufacturing.
These investment pledges are on top of the $3.4 billion (around P210 billion) investment pledges that Marcos secured during a roundtable meeting with Japanese business leaders.