Sojitz plans to venture into telecom tower business in PH

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Japan’s leading trading company Sojitz Corp. expressed keen interest in investing in cell tower construction and co-location in the Philippines, an official of the Department of Trade and Industry said Wednesday.

Sojitz’s interest in cell tower co-location aligns with the country’s need for improved telecommunications infrastructure. The DTI and the Philippine economic team are in Japan for a three-day investment mission. The meeting built upon Sojitz’s presence in the Philippines in terms of investments in fertilizers, mining, food production and automotive dealerships.

 

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