Marcos seeks deeper Mitsubishi role in railway, subway projects

MANILA, Philippines — MANILA, Philippines — President Marcos met with Mitsubishi Corp. president and chief executive officer Katsuya Nakanishi at Malacañang yesterday, where they tackled further collaboration on key sectors, including expansion of wind energy and strengthening digital services in the country.

“I met with Mr. Katsuya Nakanishi, President and CEO of Mitsubishi Corp., to advance investments that will create more jobs, help complete faster and more reliable subway and railway systems and expand clean wind energy in the provinces,” the President said in a social media post.

“These efforts will also strengthen digital services that make everyday transactions easier for Filipinos as we continue building a Bagong Pilipinas,” he added.

Mitsubishi Corp. is Japan’s largest general trading and investment company that operates across diverse industries like environmental energy, materials solution, mineral resources, urban development and infrastructure, mobility, food industry, smart-life creation and power solution. Established in 1954, MC operates in over 120 countries.

Present during the courtesy call were Executive Secretary Ralph Recto, Trade Secretary Ma. Cristina Roque, Presidential Management Staff Secretary Elaine Masukat and Presidential Communications Secretary Dave Gomez.

With Nakanishi were Kiyotaka Kikuchi, MC executive vice president and chief revenue officer and Asia and Oceana general manager-Singapore branch; Shota Kondo, MC executive vice president, and Harutaka Ishikawa, MC Manila branch general manager.

Ayala Corp. chairman Jaime Augusto Zobel de Ayala and president and CEO Cezar Consing also joined the meeting. Ayala Corp. has been Mitsubishi’s partner since 1974.