Sun.Star Cebu

Officials to fly to Japan for big infrastruc­ture projects

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President Rodrigo Duterte’s Cabinet officials will fly to Tokyo next week to discuss with Japanese officials a prospectiv­e list of big infrastruc­ture projects that the Philippine­s could implement possibly in tandem with Japan, the Department of Finance said Friday.

The high-level delegation led by Finance Secretary Carlos Dominguez III will be in Japan on March 27-28. This will be their first session with Japanese counterpar­t to be held under the Joint Committee on Philippine­s-Japan Infrastruc­ture and Economic Cooperatio­n.

The meeting follows the successful official visit of President Rodrigo Duterte to Japan last year and the reciprocal visit made by Prime Minister Shinzo Abe to the Philippine­s in January, DOF said.

In Abe’s visit to Duterte’s home city of Davao two months ago, he committed a total of one trillion yen in official developmen­t assistance and investment­s to the Philippine­s within the next five years.

A formal invitation to the Joint Committee meeting was sent to Dominguez by Dr. Hiroto Izumi, the special advisor to Prime Minister Abe.

Izumi has asked Dominguez to cochair the Joint Committee with him.

Besides Dominguez, the Philippine delegation also includes Senator Alan Peter Cayetano; Secretarie­s Mark Villar of the Department of Public Works and Highways, Benjamin Diokno of the Department of Budget and Management, Alfonso Cusi of the Department of Energy and Ernesto Pernia of the National Economic and Developmen­t Authority.

Joining this group are Vivencio Dizon, President and CEO of the Bases Conversion and Developmen­t Authority; Undersecre­tary Cesar Chavez of the Department of Transporta­tion; and Charge d’Affaires Eduardo Martin Meñez of the Philippine Embassy in Tokyo.

The Dominguez-led delegation is expected to present the Philip- pines’ medium term developmen­t plan and update Japanese officials on the country’s macroecono­mic situation during the Joint Committee meeting, DOF said.

This team is expected to discuss a potential list of Philippine infrastruc­ture projects for possible Japanese financing with high-ranking officials of the Japan Internatio­nal Cooperatio­n Agency ( JICA) and the Japan Ministries of Foreign Affairs; Health, Labor and Welfare; Finance; Economy, Trade and Industry; Internal Affairs and Communicat­ions; Agricultur­e, Forestry and Fisheries; and Land Infrastruc­ture and Transport.

Set for discussion during the meeting are possible cooperatio­n agreements between the two countries in the areas of infrastruc­ture; energy; support for Mindanao; public safety, which includes counterter­rorism and the anti-illegal drugs campaign; environmen­t and agricultur­e; disaster prevention; informatio­n technology; and human resource developmen­t.

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