Tuesday, 10 June 2025, 2:25 pm

    Mitsubishi deepens PH roots with P18-B investment pledge

    Mitsubishi Motors Philippines Corp. (MMPC) has reiterated its commitment to the Philippine automotive sector and overall economic development during a meeting with the Board of Investments (BOI), led by executive director Corazon Halili-Dichosa.

    At the center of the discussion was MMPC’s long-term role as a major player in the country’s automotive manufacturing landscape. Over the past decade, MMPC has invested P11.6 billion in local operations and is poised to inject an additional P7 billion in the next five years. This investment underscores the company’s confidence in the country’s economic fundamentals and its pivotal role in Mitsubishi Motors’ ASEAN and global growth strategies.

    MMPC also expressed firm support for government-led initiatives aimed at strengthening the investment climate. The BOI emphasized that ongoing programs are focused on enhancing industry competitiveness through aligned incentives, regulatory streamlining, and support for high-impact, innovation-driven sectors.

    As one of the most active automotive investors in the Philippines, MMPC’s continued expansion reflects the sector’s vital importance to the country’s industrial and commercial development.

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