Philippine Ambassador Highlights Strong Philippines-Japan Economic Ties at Science Park, Inc’s Investment Forum

Philippine Ambassador to Japan Mylene J. Garcia-Albano (5th from left) with SPPI President and CEO Richard Albert Osmond (3rd from right), PEZA Director General Panga (4th from left), Tamiya Philippines Senior Vice President Go Tsuboi (3rd from left) and other representatives of SPPI and PTIC-Tokyo.
TOKYO, 8 August 2025 – Philippine Ambassador to Japan Mylene J. Garcia-Albano reaffirmed the Philippines’ commitment to deepening economic ties with Japan during an Investment Forum organized by Science Park of the Philippines, Inc. (SPPI) on 30 July 2025 in Tokyo. Addressing an audience of Japanese business leaders and key stakeholders, the Ambassador emphasized the Philippines’ readiness to serve as a reliable and forward-looking destination for Japanese investments in manufacturing, logistics, and technology-driven industries.
In her welcome remarks, Ambassador Garcia-Albano expressed gratitude for the continued interest of Japan’s business community and emphasized the importance of such gatherings in strengthening bilateral economic ties. “As we look ahead to the 70th anniversary of diplomatic relations between the Philippines and Japan in 2026, forums like this underscore the strength and dynamism of our trade and investment linkages,” she said.
Ambassador Garcia-Albano lauded the role of SPPI in building industrial estates that meet international standards, citing the company’s commitment to long-term planning and private-public collaboration. “SPPI’s model works because it is aligned with the Philippine government’s broader economic reform agenda,” she said, highlighting the recently enacted CREATE MORE Law, which greatly enhances the incentives regime for investors.
She also acknowledged the Philippine Economic Zone Authority (PEZA) as a major driver of investor confidence, saying that its efficient one-stop-shop system and continued leadership play a vital role in attracting high-quality foreign investments.
For its part, the Philippine Trade and Investment Center in Tokyo (PTIC-Tokyo) highlighted the Philippines’ strong macroeconomic fundamentals.
PEZA Director General Tereso O. Panga, who joined the event, presented the Philippine Government’s latest initiatives to enhance the country’s investment climate, including key policy reforms. He shared that investors locating in PEZA-registered economic zones may avail of competitive electricity rates through direct grid access, further improving cost-efficiency and reliability for industrial operations.
A special guest at the forum, Mr. Go Tsuboi, Senior Vice President of Tamiya Philippines, Inc., shared the company’s experience operating in Cebu. Mr. Tsuboi said that PEZA’s services and SPPI’s quality infrastructure were decisive factors in their decision to stay and expand their operations in the Philippines.
SPPI representatives, led by its President and CEO Richard Albert Osmond showcased their industrial estates in Batangas, Laguna, and Bataan—strategically located and supported by infrastructure and government incentives—making them ideal for export-oriented firms.