Toshiba’s Philippines expansion to create 3K jobs – Recto

MANILA, Philippines — Japanese firm Toshiba’s planned expansion of its hard disk drive manufacturing operations in the Philippines is projected to generate 3,000 additional jobs for Filipinos, further strengthening the country’s role in the global data storage supply chain, Executive Secretary Ralph Recto said yesterday.

The planned expansion was discussed during Recto’s meeting with Toshiba Corp. senior executive vice president Koji Ikeya at Malacañang on Thursday.

“We are rooting for you. We are glad to hear that your investments in the Philippines are doing very well. Your success here gives us more reason to push this expansion forward,” Recto told Toshiba executives.

Ikeya, for his part, underscored the strategic importance of the Philippines to Toshiba’s global operations and signaled the company’s strong interest in further expanding its manufacturing footprint in the country.

Recto recognized Toshiba’s move as a “vote of confidence for the Philippines,” especially by a global manufacturing powerhouse.

He also assured the company’s executives that the government is prepared to work with Toshiba and other major investors to turn expansion plans into new factories, more investments, and better-paying jobs for Filipinos.

Attracting high-technology manufacturing is central to President Marcos’ efforts to position the Philippines as a competitive hub for artificial intelligence, advanced manufacturing, and other industries of the future, Recto added.

“This is exactly the kind of investment we want – one that brings technology, expands our manufacturing base, strengthens our role in global supply chains, and, most importantly, creates thousands of jobs for Filipinos,” the executive secretary said.

According to Recto, the administration wants the Philippines to capture more of this growth, citing the Luzon Economic Corridor as a key platform for attracting advanced manufacturing and technology investments.