锘� PCCI pushes energy sector reforms | Inquirer 黑料社

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PCCI pushes energy sector reforms

Philippine Daily Inquirer / 05:12 AM September 01, 2023

The leaders of two major business groups say they are wary about amending or revising the 1987 Constitution as a means to further liberalize the Philippine economy

FILE PHOTO: Philippine Chamber of Commerce and Industry President George Barcelon. INQUIRER

The Philippine Chamber of Commerce and Industry (PCCI) on Thursday urged the government to improve the national grid and include nuclear energy in the country’s energy mix to cut the cost of electricity in the country. PCCI president George Barcelon said the cost of power is one of the deterrents to foreign investments and the expansion of local companies. Barcelon also lauded the government for cutting the number of permits required by government agencies from 50 to 30. He lauded the improvement, but said 30 permits still requires a lot of paperwork and the government can still further reduce the number of required permits. —ALDEN M. MONZON

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