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With the Philippines working to become an upper middle-income economy in the coming years, it is undeniable that the private sector plays a vital role in pursuing growth initiatives and driving innovation at th

e national level.

The MAP and MBC are influential business groups in the Philippines, while the PEPOA is an association of privately-owned distribution utilities that service various parts of the country. For its part, the MBC highlighted the pivotal role Meralco plays in “ensuring reliable and accessible electricity for households and businesses in the country’s key economic regions.” It further noted the need for lawmakers “to prioritize reliable energy provision to sustain economic growth and attract investments” given the significant role Meralco plays in serving crucial industries and households.

In the case of Meralco’s franchise renewal, the MAP, MBC and PEPOA offer policymakers feedback and perspectives from private industry stakeholders who will also be directly impacted by the policies that the government will implement. The support of these private groups reflects where the private sector stands when it comes to the quality of service provided by Meralco and the positive impact of the company’s service on the economy.

 

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