NextGen Day

The National Economic and Development Authority (NEDA) board members and President Ferdinand R. Marcos Jr. met on Thursday to review projects sponsored by official development assistance and collaborations with the private sector (ODA).

According to a Facebook post by the Office of the President, Marcos called the third NEDA Board Meeting at the State Dining Room of Malacanang Palace to hear updates on the new and ongoing public-private partnership (PPP) and ODA-funded projects (OP).

The third meeting of the National Economic and Development Authority Board, which was presided over by President Ferdinand R. Marcos Jr., covered the status of new and ongoing official development assistance (ODA) programs as well as public-private partnership projects.

The conference, according to the report, also covered other important issues for the growth and success of the nation’s economy as well as NEDA’s adherence to Marcos’ instructions.

Members of the NEDA Board attended the meeting, according to a Facebook post by the government-run Radio Television Malacanang (RTVM).

Arsenio Balisacan, director general of NEDA and secretary for socioeconomic affairs, Lucas Bersamin, finance secretary Benjamin Diokno, public works secretary Manuel Bonoan, trade secretary Alfredo Pascual, transportation secretary Jaime Bautista, energy secretary Raphael Lotilla, budget secretary Amenah Pangandaman, and deputy governor of the Bangko Sentral ng Pilipinas Francisco Dakila Jr. make up the board.

The meeting also included Secretaries of the Presidential Communications Office, Chief Presidential Legal Counsel, and Special Assistant to the President, Antonio Ernesto Lagdameo Jr., Juan Ponce Enrile, and Cheloy Velicaria-Garafil, according to RTVM.

On January 27, Marcos acknowledged the need for further investment in order to maintain the Philippine economy’s expansion.

meeting with a developer of renewable energy

On Wednesday, the OP reported that Marcos also met with the company San Ignacio Energy Resources Development Corp. (SIERDC) to discuss renewable energy.

It stated that SIERDC briefed Marcos on the organization’s 440-megawatt Isabela Peak Solar Power Project.

The meeting gave the president a chance to learn more about the development and prospective effects of SIERDC’s renewable energy project in the area, according to the statement.

According to the RTVM, SIERDC is constructing more than 440 megawatts worth of solar photovoltaic and hydroelectric projects in Northern Luzon as part of a commercial endeavor that is anticipated to attract PHP18 billion in investment and employ about 4,500 people.

According to the RTVM, Lagdameo, Lotilla, and Science and Technology Secretary Renato Solidum Jr. attended the meeting with Marcos.

The Nextnorth Energy Group, which focuses on creating solar and hydro projects in Northern Luzon, has SIERDC in its portfolio.

It is involved in facility maintenance, facility operation, various inspections, and consulting services in addition to designing and building renewable energy plants like solar and biomass power generation.

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