Japan to assist in PH upper middle-income ambition
Japan to assist in PH upper middle-income ambition
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NewsTranscript
00:00Japan will help Philippines to reach the upper-middle-income economy.
00:03Japan International Cooperation Agency, or JICA, President Akihiko Takenaka said that
00:10Japan's aid agency will continue to support the economic growth of the country through cheap
00:16loans, grants, and technical assistance. JICA will roll out commuting railway projects,
00:22peace-building efforts in Mindanao, and expand the maritime security in the Philippines by
00:27providing training in areas of firefighting and onboard boat maneuvering. The Philippines
00:33is looking forward to achieve the upper-middle-income status by late 2025 or early 2026.