Duterte to open up power industry to foreigners if power firms don’t shape up

Incoming President Rodrigo Duterte warned local power companies he would open the market to foreign firms to bring cheap and stable power supply to the country if the local utilities didn’t shape up and deliver better services to consumers.  Duterte said opening the country’s power sector to foreign investors would be more beneficial to consumers than selling government-owned power assets.  Read more here.


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