Secretary Diokno Speaks in Japan on Institutional Connectivity

TOKYO 21 September 2018 – Budget and Management Secretary Benjamin E. Diokno highlighted the Build, Build, Build program of the government to correct the historical underachievement in infrastructure during his talk on Institutional Connectivity at the Asian Development Bank Institute-Ministry of Foreign Affairs Conference on Sustainable Connectivity and Quality Infrastructure at the Mita Kaigisho Auditorium in Tokyo, Japan on 12 September 2018.

Secretary Diokno added that the government plans to spend anywhere from P8 to 9 trillion or ¥16.7 to 18.8 trillion for infrastructure development until 2022 or up to 7.3 percent of gross domestic product.

He spoke before an audience of Japanese, Asian and European experts representing a total of 51 countries.

Secretary Diokno discussed the importance and challenges of institutional connectivity in transportation and customs for both regions. He said that in this age of globalization, the coordination of infrastructure and customs rules and procedures is necessary to spur further economic growth and development.

The meeting was organized by the Ministry of Foreign Affairs of Japan in coordination with the Asian Development Bank Institute. END

For more information, visit This email address is being protected from spambots. You need JavaScript enabled to view it./ www.tokyope.dfa.gov.ph / www.tokyo.philembassy.net / https://www.facebook.com/PHLinJapan/.