During his state visit and address to Japan's National Diet, President Ferdinand Marcos Jr. recognized Japan's crucial role in the Philippines' economic growth, emphasizing decades-long cooperation and ongoing development support.
On May 28, 2026, Philippine President Ferdinand Marcos Jr. delivered a historic speech before the National Diet of Japan, acknowledging Japan’s indispensable role in the economic development of the Philippines. Tracing back to the normalization of diplomatic relations in 1956, President Marcos underscored that Japan has consistently been among the Philippines’ top trading partners, a leading source of foreign direct investment, and the largest provider of development assistance. This assistance has supported key sectors such as infrastructure, connectivity, and human development, positively impacting communities throughout the Philippine archipelago. In his address, Marcos also highlighted Japan’s support during times of both prosperity and hardship, noting the solidarity and assistance extended to the Filipino people. Prior to the speech, the President met with Tanaka Akihiko, President of the Japan International Cooperation Agency (JICA), to discuss enhanced cooperation in infrastructure modernization, healthcare, climate action, and peace initiatives—particularly in Mindanao. JICA has played a significant role as the main conduit of Japan’s Official Development Assistance (ODA) to the Philippines, funding projects totaling billions of dollars, including the Metro Manila Subway Project. As of December 2025, Japan accounted for approximately $13.959 billion or 33.54% of the Philippines’ total ODA portfolio. The ongoing cooperation reflects decades of bilateral partnership, with 26 active ODA loan projects valued at about $12.16 billion and numerous grants supporting various sectors. President Marcos reaffirmed the intention to elevate bilateral ties to a comprehensive strategic partnership, reinforcing Japan as one of the Philippines’ most valued partners in development, security, infrastructure, agriculture, connectivity, and resilience.
Sources referenced:
- https://www.gmanetwork.com/news/topstories/nation/989381/president-marcos-japan-role-philippines-economic-development/story/