Energy investments to support rapid growth

Investments targeted at improving the country’s energy capacity are vital if the Philippines is to sustain rapid economic growth and make this more inclusive, a Cabinet official said.

“As we continue to strengthen and improve the nation’s institutions, develop the country’s infrastructure, promote technological innovation, and pursue regulatory and structural reforms, we also have to carry out policies and programs that will improve the competitiveness and productivity of our industries,” Socioeconomic Planning Secretary Arsenio Balisacan said during the recently concluded 2016 Energy Policy and Development Program Conference.