26 Japanese SMEs looking for PH partners

PHILJEC Chairman Aniceto Saludo Jr. said the business matching program aims to further boost “economic prosperity and growth” between the two nations. (File Photo: PHILJEC OFFICERS)

MANILA — A business delegation from Japan is coming to visit next week for a business matching program with Filipino companies.

Twenty-six small-and medium-scale enterprises (SMEs) from Japan are seeking partnerships with Filipino firms to explore opportunities in the country, the Philippine-Japan Economic Cooperation Committee (PHILJEC) said in statement Thursday.

The business matching program to be held here from Dec. 6 to 7 is being jointly organized by PHILJEC and Japanese non-governmental organization OISCA-International.

PHILJEC Chairman Aniceto Saludo Jr. said the business matching program aims to further boost “economic prosperity and growth” between the two nations.

Saludo added that Filipino and Japanese firms can strengthen their cooperation in terms of joint venture, dealership, distribution, financing, marketing and promotion, consultancy and research, and technology transfer.

According to OISCA-International Secretary General Yasuaki Nagaishi, these Japanese SMEs are seeking to invest in the sectors of information technology, education, manufacturing, food, agriculture, human resource, trading, energy, services, construction, and real estate.

Data from the Philippine Statistics Authority (PSA) show that for the first semester of this year, approved investments from Japanese companies rose 28.7 percent to PHP12.98 billion from PHP5.45 billion in the same period in 2017.