The Daily Tribune
Japanese firm taps create more for P4B Phl retirement venture
Japanese company Nambu Co. Ltd. is set to invest P4 billion in the Philippines to establish 10 Japanese-style retirement and wellness centers.
This significant investment aims to train Filipino caregivers to meet the high standards of Japanese eldercare.
The first facility is planned to open in Lapu-Lapu City, Cebu, with the project benefiting from incentives under the 'Create More' Act.
The Department of Trade and Industry views this initiative as a key step in growing high-value industries and creating jobs, aligning with President Marcos Jr.'s directives.
Trade Secretary Cristina Roque emphasized the project as a partnership that combines Japanese expertise with the Philippines' advantages to attract retirees globally.
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