Energy generation program encourages investors to Bataan

BALANGA CITY, Bataan – A retired supervisor of the Peninsula Electric Cooperative Incorporated (PENELCO) is overwhelmed by the energy generation program of the national government which would likely encourage power intensive industrial corporations to locate their operations in the historic peninsula.

Steve P. Alarcon has identified the advantages of Bataan with its geographical location adjacent to the country’s center of trade and commerce and feasible location for manufacturing and other industrial processing plants which require sufficient and stable power supply.

He explained the presence of fossil-fired power plants and renewable solar energy has greatly improved eco-industrial performances in the seven booming economic and tourism infrastructure and enterprise zones situated in the towns of Mariveles, Limay, Hermosa and Morong.

The continued expansion capacity of generating plants has benefitted key players in the agro-industrialization strategy of Bataan Governor Albert Raymond S. Garcia of sharing the fruits of development to the countryside and other energy potential markets in Luzon areas.

Alarcon emphasized objectively that several important transitional socio-economic reforms have boosted local business investment climate with the excellent governance advocacy of Governor Garcia, interactive public and private partnership, peaceful and healthy business atmosphere with fiscal and non-fiscal incentives, professional and highly technical labor force and other business inputs requirements.

The ecological and environmental advantages of Bataan as strategic peninsula have earned cost-effective measures and profitable foresights from local and foreign investors to set-up highly-modernized manufacturing enterprises in the province, Alarcon added.

The decentralization concept of the national government anchored on pursuing major public infrastructure projects has enticed locators to aggressively participate in the formulation of integrated industrial development outside of Metro Manila which makes Bataan as logical hub with its port facilities and terminals and  good road network interconnecting three of the country’s  progressive zones in Central Luzon.

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