Marcos: Toyota's P5.5-B investment for new Tamaraw to impact PH transport, MSMEs

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Toyota Motor Philippines Corp,Toyota Tamaraw

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President Ferdinand "Bongbong" Marcos Jr. on Friday expressed confidence that Toyota Motor Corp.'s investment for the Next Generation Tamaraw would have a significant impact not just in transportation but even in the country's MSMEs.To recall, Toyota has made a P5.5-billion investment for the production of the Philippine-made Next Generation Tamaraw. Some P1.

And with all of the new technologies that Toyota has developed, incorporated into a design that is specifically made for the Philippine condition," Marcos said."The Tamaraw has been synonymous with reliability. It is a vehicle that has transported many of our people from home to their destinations, to school, to work," he added.He said that the new Toyota design was specifically made for Philippine conditions.

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