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Manila Bulletin devider Business devider BBM focusing on infra, water, energy

BBM focusing on infra, water, energy

Published Sep 2, 2022 01:58 pm

In the first 100 days of the Marcos administration, the government has put focus on three key areas - infrastructure, water and Energy.

Private Sector Advisory Council (PSAC) Convenor and Aboitiz Group CEO Sabin Aboitiz. said after meeting with Pres. Ferdinand R. Marcos Jr. on Friday, Sept. 2 in Malacanang.

For infrastructure, the PSAC recommended encouraging investor confidence through revisions to the Implementing Rules and Regulations of the Build-Operate-Transfer Law and strengthening the PPP Governing Board.

For water, the Council recommended the creation of a new Department and Regulatory Commission and implement a vertical industry structure.

For energy, the council recommended expanding the coverage and full implementation of Energy Virtual One-Stop Shop and support the efforts of the National Grid Corporation of the Philippines.

“I am encouraged by the focused and aligned collaboration taking place among participants in these meetings with the President," according to

"We are all keenly aware and in agreement of the issues that demand attention, and are equally determined to support the administration in finding the right solutions,” he added.

PSAC_INFRA GROUP

Members of PSAC’s Infrastructure group include Metro Pacific Investments Corporation Chairman and President Manuel V. Pangilinan, International Container Terminal Services, Inc. Chairman and President Enrique K. Razon, San Miguel Corporation President and CEO Ramon S. Ang, Atok-Big Wedge Co., Inc. President Eric Ramon O. Recto, Globe Capital Partners LLC Chairperson Joanne de Asis, and Robinsons Land Corporation President and CEO Frederick D. Go.

Aboitiz InfraCapital President and CEO Cosette V. Canilao attended the meeting as subject matter expert.

Also present in the meeting are Executive Secretary Victor D. Rodriguez, Finance Secretary Benjamin E. Diokno, Public Works and Highways Secretary Manuel M. Bonoan, Transportation Secretary Jaime J. Bautista, Energy Secretary Raphael P.M. Lotilla, NEDA Chief Arsenio M. Balisacan, PMS Secretary Maria Zenaida B. Angping, Local Water Utilities Administration (LWUA) Acting Deputy Administrator Financial Service Maria Rosan D. Perez, LWUA Officer-in-Charge Eileen L. Dela Vega, PPP Center of the Philippines Deputy Executive Director Jeffrey I. Manalo, Metropolitan Waterworks and Sewerage System Engineer Patrick James B. Dizon and former Deputy Administrator Leonor C. Cleofas.

The PSAC will convene with President Marcos again in the coming weeks to discuss the Tourism Sector’s road map and recommendations.

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