The Department of Tourism (DOT) and the Department of Trade and Industry (DTI) have broken traditional promotion molds to secure critical infrastructure commitments from Japan’s top business leaders.
In a news release on Monday, the DOT said Tourism Secretary Dita Angara-Mathay conceptualized an initiative that bridges the gap between tourism promotion and heavy economic development.
The high-level roundtable, held during the State Visit of President Ferdinand R. Marcos Jr. to Japan, resulted in PHP209.8 billion (approximately USD3.4 billion) in combined direct investments, pipeline opportunities and financial credit pledged by Japanese conglomerates to fortify the country’s economic and tourism ecosystem.
“Tourism today is closely interconnected with aviation, mobility, digital infrastructure, healthcare, energy reliability, and broader investment readiness,” Angara-Mathay said.
“Our objective is to strengthen the ecosystem that supports tourism growth while creating wider opportunities for regional development, connectivity, investments, and economic participation,” she added.
Japanese executives welcomed the integrated approach, noting that a country’s ultimate tourism competitiveness no longer relies on scenic spots alone but increasingly depends on broader systems like healthcare capacity, digital access and urban resilience.
About PHP109 billion (USD1.77 billion) of the multibillion commitment will go to DTI industrial priorities, including manufacturing, electronics, automotive, maritime industries, logistics and mobility systems.
Meanwhile, the PHP100.8 billion (USD1.64 billion) for DOT infrastructure priorities will fund the tourism-enabling infrastructure, destination-oriented digital connectivity, medical and wellness tourism, destination retail and transport support systems.
Japan’s leading sectors also made actionable commitments that would upgrade the Philippines’ capabilities. (PNA)