MANILA—Japan has pledged some 25 billion yen (roughly P12 billion) for the development of Mindanao.
President Rodrigo Duterte made the announcement in a joint press event with Japanese Prime Minister Shinzo Abe on Friday.
"I am grateful for Japan’s fresh commitment of around 25 billion yen for the development of Mindanao’s road network, vocational training facilities and equipment, and other projects," he said.
"I thanked Prime Minister Abe for the importance his government attaches to the Mindanao and its commitment to achieve just and lasting peace and a sustainable development for the people of Mindanao."
Abe had assured Duterte that Japan will continue its support for the peace process in Mindanao.
"Japan will strengthen our support attuned to the progress of the peace process so that the people of Mindanao can truly feel and enjoy the peace dividend at the earliest possible time," he said.
Duterte capped his working visit to Japan with 26 business agreements valued at P300 billion and estimated to generate 82,000 jobs.
He is scheduled to arrive in the Philippines early Saturday.