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At a glance
President Arroyo's accomplishments during her 4-day
visit
- Staved off further cuts in the official development assistance
(ODA) after President Arroyo stressed to Japanese officials
that the country has improved its capacity to utilize Japanese
ODA;
- Obtained a $352 million loan agreement for the Subic-Clark-Tarlac
Expressway project, financed mainly by Japan through the Obuchi
fund (The expressway will cut to 30 minutes the current two-hour
travel time from Clark to Subic);
- Obtained an investment pledge of some $150 million for a
nickel processing plant in Rio Tuba, Palawan from the Sumitomo
Metal Mining Corp., which is expected to generate some 1,000
new jobs during its three-year construction period plus another
1,000 new jobs when it starts to operate;
- Witnessed the signing of five memoranda of agreement (MOAs)
between Filipino businessmen and their Japanese counterparts:
- Between Pacific Consultants and the Subic Bay Metropolitan
Authority Pacific for a $215 million port project;
- Between the Trade Union Congress of the Philippines (TUCP)
and the Saga Prefectural Federation of Agricultural Cooperative
of Japan to promote employment and human resource development;
- Between the TUCP and the Kyushu Bussan Shoji Co. Ltd.
of Japan to promote labor cooperation in high-quality marine
resources;
- Between Asia Solutions Philippines Inc. and Seiko Electric
Co. Ltd. for an information technology training and learning
program in the country for two years;
- Between Information Technology Foundation of the Philippines
and the Japan Information Technology Examination Center
to promote cooperation in information technology testing
and certification;
- Created a Cabinet-level Information Technology and E-Commerce
Council during the Global Business Dialogue on E-Commerce to
formulate and implement ICT policies in the Philippines;
- Witnessed the launching of the 25 million-peso Internet Learning
Kiosk (iLINK) project of Japan's Mitsubishi Corp. and Ayala
Corp.;
- Obtained a $200 million investment pledge from Sankyo Seiki
President Yuzo Oguchi for a manufacturing plant at the Subic
Free Port in Zambales for the production of fluid dynamic bearings
for hard disks and the introduction of robotic equipment;
- Obtained a $5 million investment pledge from Tsuneishi Shipping
for its expansion program, particularly in the training of Filipino
seafarers in information technology;
- Obtained a written apology from Prime Minister Junichiro
Koizumi for the ordeal that Filipino comfort women endured during
World War II; and,
- Renewed and strengthened ties with the Japanese Imperial
Family.
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