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Thursday, February 28, 2013

MERALCO LOOKS TO MYANMAR


WRITTEN BY ADMIN ON FEBRUARY 27, 2013. POSTED IN BUSINESS, NEWS


Manila Electric Co. (Meralco) is planning to invest in a number of ASEAN countries including Myanmar, Rappler.com reported.
Meralco Chairman Manuel Pangilinan said the company is planning power plants in Myanmar and Thailand.
Meralco President Oscar Lopez is also quoted as saying that the company’s plants abroad would “give Philippine players the opportunity to be recognized and accepted as a credible player overseas.”
Despite rich energy resources, Myanmar is tackling energy insufficiency issues.

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