In fact, that is one area of interests for JICA [JAPAN INTERNATIONAL COOPERATION AGENCY], which had met with Filipino delegates regarding energy investment initiatives and opportunities just this past October.
http://www.jica.go.jp/information/seminar/2013/ku57pq00001ktre1-att/20131101_01_02.pdf
Thank you for your very honest and transparent introspection of the limitations in Government. Japan has, through our long years of cooperation with Filipinos, an understanding of some areas in the Philippine Government that need improvement. One thing that has improved dramatically is the infrastructure , which is a key concern for shipping. There are three regions that are of great interests for Japanese Businesses : 1) Central Visayas (Cebu), 2) Northern Mindanao (Cagayan De Oro) and 3) Southern Mindanao (Davao). These three areas are largely developed, a large enducated work force, a large deep water port. These three areas will be perfect for Japanese businesses looking to relocate from China to ASEAN.
The more Philippines takes care of security concerns, the perception of the country will greatly improve, and with that -- brings FDI.