PRESIDENT Ferdinand Marcos Jr. welcomed the Japan Bank for International Cooperation's (JBIC) expression of interest to partner with Philippine companies for energy development and in the newly passed Maharlika Investment Fund (MIF).

The Presidential Communications Office (PCO) said the Chief Executive met with JBIC Chairman of the Board Tadashi Maeda in Malacañang last Wednesday, May 31, and discussed the Japanese firm's interest in forging collaboration with local counterparts, particularly in further utilizing liquefied natural gas (LNG) as a traditional source of power in the Philippines and the need to bring in other energy sources such as hydropower, solar, and wind.

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