Taguig City: Generation Capacity and Power Supply

taguig city: Projects endorsed by his office will be approved within 30 days under an order recently signed by Duterte, instead of the months or even years it had taken proponents in the past, he said. ; There's a lot of expressions of interest to invest in the Philippines, and we're going to make it easy for investors, Cusi said in an interview Wednesday in Taguig City, according to The Japan Times. We are open to all parties, all countries. The Southeast Asian nation has held discussions with China, Japan, Russia and other countries about helping it boost generation capacity by 43 gigawatts in the coming decades to stabilize its power supply as the economy expands, according to Energy Secretary Alfonso Cusi. In all the trips we had, we made the sales pitch. Japan has either sponsored or financed 21 projects with a combined value of 23.7 billion that are currently under construction or planned in Southeast Asia, while China has backed 21 projects worth 32.8 billion, according to BMI Research. The world's two biggest economies after the U.S. have poured billions into the region's energy development. (news.financializer.com). As reported in the news.

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