More investments from Taiheiyo in PH
Taiheiyo Cement Corporation (TCC) president and representative director Shuji Fukuda (right) exchanges documents with Philippine Trade and Industry Secretary Ramon M. Lopez (left) to seal a business agreement with TCC committing to infuse more investments in the country for plant and production-related infrastructure expansion projects.
President Duterte welcomed the deal as he shook the hands of Ichiro Egami, TCC director and managing executive officer, during his visit to Tokyo last Oct. 30 in the presence of (from left) Economic Planning Secretary Ernesto M. Pernia, Foreign Affairs Secretary Alan Peter S. Cayetano and other Japanese business leaders.
President Duterte welcomed the deal as he shook the hands of Ichiro Egami, TCC director and managing executive officer, during his visit to Tokyo last Oct. 30 in the presence of (from left) Economic Planning Secretary Ernesto M. Pernia, Foreign Affairs Secretary Alan Peter S. Cayetano and other Japanese business leaders.
TCC is the mother company of Taiheiyo Cement Philippines, Inc. (TCPI) that operates a cement plant in San Fernando, Cebu. It produces 1.6 million tons of cement a year, filling in some six percent of the country’s annual demand for cement of over 26 million tons a year as of 2016, according to TCPI CEO Satoshi Asami.
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