PBBM courts Mitsubishi investments for rail, wind energy, digital push

Photo courtesy: PCO

By Darryl John Esguerra | Philippine News Agency

President Ferdinand R. Marcos Jr. met with Mitsubishi Corporation President and Chief Executive Officer (CEO) Katsuya Nakanishi to advance potential Japanese investments aimed at creating jobs, accelerating mass transport projects, expanding clean energy, and strengthening digital services in the Philippines.

“I met with Mr. Katsuya Nakanishi, President and CEO of Mitsubishi Corporation, to advance investments that will create more jobs, help complete faster and more reliable subway and railway systems, and expand clean wind energy in the provinces,” Marcos said.

The President said the proposed investments are aligned with the administration’s push to modernize public transportation, particularly subway and railway systems, to ease daily commuting and improve mobility in urban and regional areas.

Marcos said these initiatives will also support the expansion of renewable energy, particularly wind power, as the government works to diversify the country’s energy mix and promote sustainable development in the provinces.

“These efforts will also strengthen digital services that make everyday transactions easier for Filipinos as we continue building a Bagong Pilipinas,” he added.

Mitsubishi Corporation has long-standing interests in the Philippines, with investments in infrastructure, energy, transportation, and industrial projects, making it a key partner in the government’s economic and infrastructure agenda. (PNA)

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