by Roy Stephen C. Canivel, Philippine Daily Inquirer, 24 Oct 2020
A Japanese company is investing P230 million in the Philippines for an automotive wiring harness and components manufacturing facility, the Board of Investments (BOI) said.
Yokowo Co. Ltd has decided to put its new site in the Philippines after doing a 12-month due diligence in the Association of Southeast Asian Nations (Asean), the BOI said. It will start operations in April 2022 and hire 800 workers.
Headquartered in Tokyo, Japan, Yokowo Co. Ltd. offers innovative high-tech products to manufacturers worldwide in the advancing electronics, electrical machinery and automotive industries.
Yokowo describes itself as specialist in antennas, fine connectors, microwaves and advanced devices for the automotive, semiconductor testing systems, mobile device and advanced medical device sectors.
A new player in the Philippine wiring harness production landscape, Yokowo recently registered a wholly owned local unit in the Philippine Securities and Exchange Commission named Yokowo Manufacturing of the Philippines.
It will put up its 3.7-hectare facility in Hermosa Ecozone Industrial Park in Bataan province.
BOI Chair and Trade Secretary Ramon Lopez said this was the second Japanese investment in wiring harness production in the Philippines this year. The first is Sumitomo Wiring Systems, which is setting up its biggest factory in the world in Pangasinan province.
At a minimum, the expansion project of Sumitomo will create jobs for 10,000 workers in northern Luzon, adding to the company’s roster of 55,000 in the Philippines.
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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