Four Japanese firms – Furukawa Electric Co., Ltd., Sumitomo Electric Co., Ltd., MinebeaMitsumi Inc., and Tsuneishi Group Corporation – are expanding their operations in the Philippines for PHP56.3 billion.
Trade and Industry Secretary Cristina A. Roque said the investments were committed by the Japanese firms on the sidelines of the state visit of President Marcos Jr. to Japan.
The expansion program, Secretary Roque said, are expected to create around 10,300 direct and indirect jobs for Filipinos.
There was no breakdown in the total project cost, but the DTI chief said that in the case of the Tsuneishi Group, it is expanding its shipbuilding operations in Balamban, Cebu through the construction of a dry dock, production buildings, and related facilities. The project will support next-generation and environmentally sustainable shipbuilding.
The investment from MinebeaMitsumi will include expansion of its semiconductor and advanced electronics operations in the Philippines, including the production of battery-related components for data centers and optical image stabilization technologies used in electronic devices.
Furukawa Electric also announced expanding its operations in Laguna Technopark through the production of advanced heat sink modules and thermal management products used in data centers and high-performance computing systems. Driven by rising global demand linked to artificial intelligence and digital infrastructure.
Complementing these investments, Sumitomo Electric will establish a new facility in Cabuyao, Laguna to manufacture flexible printed circuits and surface mount technology products used in smartphones, automotive electronics, telecommunications equipment, and other advanced electronic devices.
Secretary Roque said these projects will reinforce the Philippines’ position as a competitive destination for high-value manufacturing and industrial investments and support the government’s push to attract technology-driven industries that create quality jobs, strengthen local capabilities, and deepen participation in global value chains.
Secretary Roque said that these investments reflect the confidence of leading Japanese companies in the Philippines and the country’s growing role in advanced manufacturing, electronics, artificial intelligence (AI), digital infrastructure, and shipbuilding.
