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PBBM hopeful on potential nuclear energy pact with UAE power firm

Published Aug 12, 2024 11:16 am

The Philippines is hopeful that it can forge a partnership with the Emirates Nuclear Energy Corp. (ENEC) as the country explores the possible use of nuclear energy for power generation.

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President Ferdinand 'Bongbong' Marcos Jr. meets Chairman and CEO of Emirates Nuclear Energy Corporation (ENEC) Mohamed Al Hammadi during a courtesy call in Malacañan Palace on Aug. 13, 2024.  (Courtesy of PPA/Ryan Baldemor)

During a meeting with Mohamed Al Hammadi, chairman and chief executive officer of ENEC, in Malacañang Monday, Aug. 12, Marcos said that exploring nuclear energy usage for the country has become a "very high priority topic."

“Thank you very much. I’m glad that we had this chance… for you to visit us. Because this is a subject that we have been talking about for a long time. And especially after the pandemic, I’m trying to figure out what are the needs of the government,” President Marcos told Hammadi.

“And this had become a very high priority topic. I hope we can find ways to help each other in this," he added.

It can be recalled that First Lady Liza Araneta Marcos headed the Philippine delegation to the United Arab Emirates (UAE) in a meeting with ENEC in June this year.

The delegation consisted of Pangasinan Rep. Mark Cojuangco, Kathryna Yu-Pimentel, Benito Techico, Rafael Consing, and Ambassador Alfonso Ver.

Cojuangco, who has been a staunch proponent of nuclear energy, reiterated his pitch to restore the Philippine nuclear plant with the UAE side as a strategic partner.

Cojuangco and Hamadi reported to the First Lady that they had sent an invitation to the President to join the International Declaration to Triple Nuclear Energy – 2024 Objectives at the United Nations General Assembly (UNGA) this September.

The International Declaration to Triple Nuclear Energy calls for the tripling of global nuclear energy capacity by 2050.

Last May, representatives from the Board of Investments met with UAE companies to discuss possible investment opportunities in the Philippines, particularly those relating to clean energy.  
 

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nuclear energy President Marcos Emirates Nuclear Energy Corp. (ENEC)
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