To secure $100 million worth of investments from the Philippines-Japan-US trilateral meeting, the Philippines met with a US-based vertical integrator of nuclear technologies and services for a potential collaboration in the energy sector.
The US-based firm also envisions making the country its first nuclear energy facility in Southeast Asia and expressed its support for current efforts to provide a sufficient supply of energy throughout the country while utilizing clean and renewable energy sources in the future. From the Philippine side, the attendees were House Speaker Ferdinand Martin Romualdez, Department of Energy Secretary Raphael Lotilla, and Department of Trade and Industry Secretary Alfredo Pascual.