At the 19th Philippine Summit by “The Asset,” BDO Capital & Investment Corporation President Eduardo F. Francisco highlighted the Philippines’ promising landscape for infrastructure investment, particularly in the burgeoning energy sector. According to Francisco, the country’s strategic focus on energy projects offers immense potential for economic growth, driven by both local initiatives and foreign interest.

“We’re seeing strong foreign interest, with investors from countries like France, Canada, Japan, and China coming to the Philippines as engineers and consultants for major energy ventures,” Francisco shared. Offshore wind projects, in particular, are attracting attention, and Francisco noted that BDO Capital is actively engaging with global groups interested in these expansive undertakings.

Recent government reforms have made the investment climate more appealing. Amendments to the Public Service Act and Renewable Energy Act now allow greater foreign involvement in energy, telecommunications, and transportation sectors. “The Philippines is creating the right environment for foreign companies to contribute in key areas like renewable energy, which aligns with our national goals for energy security and sustainable growth,” Francisco commended.

The government’s streamlined regulatory approach, coupled with these policy shifts, has set the stage for the Philippines to become a regional leader in renewable energy investment. With the energy sector increasingly open to international participation, the Philippines is poised to leverage foreign capital and expertise to advance critical infrastructure projects.

Francisco’s insights at the summit reflect a growing confidence in the Philippines’ economic potential, as renewable energy emerges as a key driver of long-term growth. BDO Capital remains at the forefront of fostering these partnerships, positioning itself as a leader in financing transformative energy projects that benefit both the economy and sustainable development goals.