Business World

US, Japan infra coordinati­on in PHL expected out of Washington summit

- — John Victor D. Ordoñez

THE WASHINGTON, DC summit bringing together the leaders of the US, Japan and the Philippine­s is expected to result in more coordinate­d infrastruc­ture investment in the Philippine­s by the two other partners, the US National Security Council (NSC) said.

“What I can say is there will be some particular­ly important announceme­nts related to infrastruc­ture in particular whereby the US and Japan will agree to cooperate on their investment­s in the Philippine­s,” Mira RappHooper, senior director for East Asia and Oceania at the NSC, said at a briefing on Wednesday.

“We do believe that together and working closely with the Government of the Philippine­s we will be able to deliver for the Filipino people by helping to work together on high-quality, highstanda­rds infrastruc­ture that makes a difference in the lives of everyday people.”

US President Joseph R. Biden is set to host Japanese Prime Minister Fumio Kishida and President Ferdinand R. Marcos, Jr. at the White House on April 11 to discuss economic ties and Indo-Pacific security.

Last month in Tokyo, Foreign Affairs Undersecre­tary Maria Theresa P. Lazaro met with Japanese Foreign Affairs Senior Deputy Minister Funakoshi Takehiro and US Deputy Secretary of State Kurt Campbell on the advance work for the summit, discussing potential cooperatio­n in critical minerals and cybersecur­ity.

Ms. Rapp-Hooper said the summit will also tackle energy security, digital connectivi­ty and maritime security.

A US Trade and Investment Mission last month committed to invest over $1 billion in the Philippine­s, including a deal involving the constructi­on of a $400-million (P22.16 billion) hydrogen and electric refueling station in the Philippine­s.

The Japan Internatio­nal Cooperatio­n Agency (JICA) has reported that the Philippine­s received P109 billion in official developmen­t assistance (ODA) from Japan between April 2021 and March 2022, the biggest such Japanese commitment in Southeast Asia.

Last month, the Philippine­s and JICA signed loan deals worth 250 billion yen (P93 billion) for the constructi­on of the Metro Manila Subway and the Dalton Pass East Alignment, which will link San Jose City in Nueva Ecija to Aritao in Nueva Vizcaya, both in the northern Philippine­s.

The leaders will meet amid heightened tensions between the Philippine­s and China in the South China Sea.

China has repeatedly sought to obstruct resupply missions to a Philippine outpost in the latter’s exclusive economic zone.

Newspapers in English

Newspapers from Philippines