President Marcos hopes Congress passes nuclear investments bill

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President Marcos expressed hope that Congress would pass bills allowing US nuclear firm Ultra Safe Nuclear Corp. (USNC) to undertake its project in the Philippines as the government continues to explore ways to ensure access to clean and affordable energy sources.

President Marcos leads the Philippine delegation, including Speaker Martin Romualdez and several members of the Cabinet, in a meeting with officials of the Ultra Safe Nuclear Corp. led by its founder and CEO Francesco Venneri last Thursday at the Waldorf Astoria Hotel in Washington to discuss the status of USNC’s investment plans in the Philippines.

“With such development, the President said he is hopeful the bill gets passed in the Senate,” the Presidential Communications Office said in a statement. “We spoke about this before. We’re going to go ahead with the program, with the training of the people who will actually operate the plant,” he added.

The feasibility study for the possible deployment of micro modular reactors will be conducted in Meralco sites as part of ongoing efforts to ensure dependable and affordable access to power. USNC, a global leader and vertical integrator of nuclear technologies and services, joined the US Presidential Trade and Investment Mission last month.

 

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