Japan bank seeks partners in PH energy development

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The Japan Bank for International Cooperation (JBIC) has expressed its interest in energy tie-ups in the Philippines, particularly in the use of liquefied natural gas (LNG) as a traditional source of power. ManilaBulletin READ:

ENERGY COOPERATION - Japan Bank for International Cooperation officials express intention to work with Philippine firms for energy development during their courtesy call on President Marcos in Malacañang on May 31, 2023.

In a statement, Garafil said Maeda told Marcos that the company was seeking partnerships with Philippine companies for energy development. Maeda said there was also a need to identify the specific project, determine how to switch to more efficient energy, and develop new technology like hydrogen.

 

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