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INFRASTRUCTURE BUSINESS

[Philippines Economic News] Shimizu Corporation receives orders for infrastructure totaling 131 billion yen

The Philippines is closest to Japan among Southeast Asian countries, and sustainable development of the Philippines is considered essential to the stability and development of Japan and the Southeast Asian region. Japan is the largest ODA donor country for the Philippines against the backdrop of the government policy that “it is necessary to strengthen Japan-Philippines relations in various fields such as economic relations and human exchanges by using ODA effectively”. Has become. During his visit to Japan in January 2017, Prime Minister Abe announced that he would provide 1 trillion yen in both public and private sector support over the next five years. This is a technology utilization project (STEP).