Japanese Wellness Firm to Build P4-B Retirement Facilities in PH

A Japanese wellness company is investing P4 billion to build 10 retirement facilities across the Philippines, with the first site set to rise in Lapu-Lapu City, Cebu.

According to the Department of Trade and Industry (DTI), the project was finalized during a meeting with Japanese company officials in Osaka. The investment includes a program to train Filipino caregivers to Japanese standards, opening opportunities in the eldercare industry.

The initiative is supported by the CREATE MORE law, which broadens fiscal incentives to encourage foreign investment and strengthen the country’s post-pandemic recovery.

Trade Secretary Cristina Roque said the investment reflects the Philippines’ potential to become a leading wellness and retirement destination in Asia.

“This project is more than an investment—it is a partnership for dignity, wellness, and opportunity for our people. By combining Japanese expertise in eldercare with our natural advantages—warm climate, hospitable culture, and skilled workforce—we can make the Philippines a second home for global retirees,” Roque said.

Officials noted that beyond generating jobs, the facilities will cater to both local and foreign retirees, aligning with government efforts to diversify industries and promote long-term, sustainable growth.