Major Power Sector Investment

President Rodrigo Roa Duterte delivers the keynote address at the inauguration of Pagbilao Energy Corporation’s (PEC) 420- megawatt Pagbilao Unit 3 Power Project in Quezon Province.  The President cited PEC (a joint venture between Aboitiz Power and  Japanese firm TeaM Energy Corporation) for the multi-billion peso investment which he said “bolsters efforts in advancing the country’s development.” Joining the President onstage are, from left to right: JERA Chief Power Development Officer and Senior Executive Vice President Toshiro Kudama, Energy Secretary Alfonso G. Cusi, Special Assistant to the President Christopher Go, AboitizPower Chairman Erramon I. Aboitiz, and  Marubeni Corp. Senior  Executive Officer Yasuo Hirota.