PHL Explores Deeper Partnership with Marubeni Corporation
IN PHOTOS: Finance Secretary Ralph G. Recto led the Philippine delegation to Japan in engaging with the top executives of Marubeni Corporation on June 20, 2024 to explore more strategic investment partnerships in various high-impact areas, especially in developing the country’s industrial market, renewable energy sector, and food production.
Marubeni Corporation is one of Japan’s largest trading companies with a diverse portfolio covering consumer products; food and agriculture; materials; energy and infrastructure solutions; transportation and industrial machinery; and financial business.
For more than 100 years in the Philippines, Marubeni has been an integral part of the country’s development, driving infrastructure through Build-Operate-Transfer projects, joint ventures, and sector-wide investments.
The company also focuses on introducing cutting-edge technology; advancing commodity trading; and enhancing industries such as agriculture, forestry, healthcare, and real estate.
The meeting was held on the sidelines of the Philippine Economic Briefing in Japan.
Joining Secretary Recto were Office of the Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go; Department of Budget and Management Secretary Amenah F. Pangandaman; National Economic and Development Authority Secretary Arsenio M. Balisacan; DTI Philippines Department of Trade and Industry Secretary Alfredo E. Pascual; and Department of Transportation – Philippines Secretary Jaime J. Bautista.
Also present were Department of Energy Philippines Undersecretary Felix Fuentebella; Bangko Sentral ng Pilipinas Deputy Governor Francisco G. Dakila, Jr.; Bases Conversion Development Authority President and Chief Executive Officer Joshua M. Bingcang; and Philippine Ambassador to Japan Mylene Garcia-Albano.