In a bid to boost foreign investments in the country’s energy sector, officials of the Department of Energy (DOE) is set to attend a dialogue-symposium on energy in Tokyo, Japan starting October 16 to October 18, 2013.
In a statement, the energy department said the DOE delegation, lead by Energy Secretary Carlos Jericho Petilla, will present investment opportunities to a hundred of potential investors from different Japanese firms.
Other DOE officials who are part of the delegation are Usec. Loreta Ayson, Oil Industry Management Bureau Director Zenaida Monsada, and Renewable Energy Management Bureau Director Mario Marasigan.
The event is part of the project entitled “Study on the Energy Sector Reform in the Philippines”, a collective undertaking of the DOE, Japan International Cooperation Agency (JICA), and Institute of Energy Economics, Japan (IEEJ).
Organized and funded by JICA, it will tackle issues on energy policy and energy-related investment opportunities in the country.
JICA is the government of Japan’s independent governmental agency to countries such as the Philippines and is responsible for coordinating official development assistance (ODA), cooperation in economic growth, and development issues. MADELAINE B. MIRAFLOR