Manila, Philippines - The entry of Amaris Energy, after the Philippine Aerospace Development Corporation, is a ‘turning point’ in catalyzing the rapid growth of the area in support of the existing energy demand of present locators.
The Aurora Pacific Economic Zone and Freeport Authority has another investor, the Amaris Energy Inc., which will develop a 100-megawatt power plant utilizing renewable energy from natural resources in the area.
At the signing of a memorandum of understanding at the Cocoon Hotel in Quezon City Monday, APECO president Atty. Gil Taway IV said the entry of Amaris Energy, after the Philippine Aerospace Development Corporation, is a “turning point” in catalyzing the rapid growth of the area in support of the existing energy demand of present locators while allowing new investors to come in.
“This collaboration signifies a turning point for our Ecozone, as we embark on a path towards sustainable progress and energy security,” Taway said.
“Our partnership with Amaris not only supports our existing infrastructure but also paves the way for incoming investors in our Ecozone. We are proud to contribute to the national goverment’s vision of energy security specially in the far-flung provinces of our beautiful country,” he added.
This news article, authored by Jing Villamente, was first featured on Daily Tribune on 7 February 2024. To continue reading, please visit the original publication on this link.
