Philip­pines, Ja­pan agree to has­ten project ap­provals

The Myanmar Times - Weekend - - International Business -

TOP Philip­pine and Ja­panese of­fi­cials agreed to fur­ther stream­line re­spec­tive ap­proval pro­cesses and in­tro­duce new mea­sures to put in the fast lane the im­ple­men­ta­tion of big-ticket in­fra­struc­ture projects pre­sented by Manila to Tokyo for pos­si­ble fi­nanc­ing.

Aside from in­fra­struc­ture co­op­er­a­tion, the Depart­ment of Fi­nance (DOF) said the two na­tions also ex­changed views on the sup­port for Min­danao and other ar­eas of co­op­er­a­tion such as in power and en­ergy, an­ti­il­le­gal drug mea­sures, pub­lic safety and coun­tert­er­ror­ism.

The two par­ties also dis­cussed pos­si­ble co­op­er­a­tion on in­for­ma­tion and com­mu­ni­ca­tions tech­nol­ogy, the Fi­nance depart­ment said.

“Both sides reaf­firmed to con­tinue dis­cus­sions on a mid-and long-term ac­tion plan on anti-il­le­gal drug mea­sures and on a doc­u­ment in­di­cat­ing the fu­ture di­rec­tion of the Philip­pinesja­pan co­op­er­a­tion for the next five years,” the DOF said.

Fi­nance Sec­re­tary Car­los G. Dominguez III re­ported dur­ing their meet­ing that “sig­nif­i­cant mile­stones” have been reached in the pro­cess­ing of the jointly agreed project list be­tween the two coun­tries.

“Now that our plans have pro­gressed, we in­tend to lay out spe­cific plans on how to ex­pe­dite the pro­cess­ing and im­ple­men­ta­tion of the flag­ship projects,” Dominguez said in his open­ing re­marks dur­ing the meet­ing.

In their dis­cus­sion, both pan­els agreed to speed up their re­spec­tive project ap­proval pro­cesses and come up with ad­di­tional mea­sures for more ef­fi­cient de­ci­sion mak­ing, and swift ex­e­cu­tion, not­ing they al­ready in­tro­duced im­prove­ments in their key pro­cesses in the past.

The Ja­panese side ex­pressed open­ness to ex­plore and dis­cuss gov­ern­ment to gov­ern­ment mea­sures, the DOF added.

“Our reg­u­lar rounds of high-level meet­ings have brought about sig­nif­i­cant changes in the way we do things. Need­less to say, we hope to con­tinue push­ing for im­prove­ments in or­der to ac­com­plish more in less time,” Dominguez said. – Manila Bul­letin

Heavy traf­fic builds up in Taguig City, south of Manila in Septem­ber 2015. Photo: EPA

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