5th Meeting of the Japan-Philippines Joint Committee on Infrastructure Development and Economic Cooperation
1. The fifth meeting of the Japan-Philippines Joint Committee on Infrastructure Development and Economic Cooperation was held today, June 20, in Tokyo. The meeting was attended on the Japanese side by Mr. Yoshihide Suga, Chief Cabinet Secretary, Mr. Shigeru Kiyama, Special Advisor to the Cabinet, and others; and on the Philippines side by Mr. Carlos G. Dominguez, Secretary of Finance, Mr. Ernesto M. Pernia, Secretary of National Economic and Development Authority, and others.
2. At this meeting, the participants followed up the “Joint Statement on Bilateral Cooperation for the Next Five Years (PDF)” which was issued during the visit of His Excellency President Rodrigo R. Duterte to Japan last October. They discussed approaches to cooperating in order to resolve the major challenges the Government of the Philippines is addressing, including the Metro Manila subway project, rehabilitation of the MRT-3 Line and other infrastructure development projects as well as assistance to development in Mindanao based on progress of the peace process.
3. The two sides shared the view that they will strive to communicate closely through this committee, and will aim to steadily implement specific projects.
(Reference) Japan-Philippines Joint Committee on Infrastructure Development and Economic Cooperation
On his visit to the Philippines in January 2017, Mr. Shinzo Abe, Prime Minister of Japan, announced that Japan would provide one trillion yen in assistance over the next five years, including ODA and private-sector investment, establish a Joint Committee on Infrastructure Development and Economic Cooperation to coordinate this assistance, and steadily implement cooperation that engages the public and private sectors for state building. The first meeting of the joint committee was held in Tokyo on March 27, 2017, the second meeting in Manila on July 7, the third meeting in Tokyo on September 25, and the fourth meeting in Cebu on February 12, 2018.