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Manila, Philippines, March 11, 2024–(BUSINESS WIRE)–Black & Veatch, a global leader in critical infrastructure solutions, has been selected to participate in the U.S. Presidential Trade and Investment Mission (PTIM) to the Philippines March 11-12 .
The mission is part of President Joe Biden’s commitment to Philippine President Ferdinand R. Marcos Jr. to support the Southeast Asian economy, including addressing connected infrastructure, clean energy transition, critical mineral sectors, and food security. The idea is to strengthen the contribution of U.S. companies to the people.
U.S. Department of Commerce Secretary Gina Raimondo will lead the delegation.
This will be the first trade and investment mission to the Philippines under the Biden administration. PTIM’s objective is to strengthen the Philippines as a key hub for regional supply chains and quality investments.
“Advancing large-scale infrastructure projects and investment opportunities in the Asia-Pacific region is a priority, including global best practices to support the Philippines’ growing energy needs with low-carbon and no-carbon energy sources. “At Black & Veatch, this is an important mission,” said Narsingh Chaudhary, President, Asia Pacific and India, Black & Veatch.
Black & Veatch has been providing power and other infrastructure solutions in the Philippines for more than 30 years, including over 3,000 MW of greenfield power projects to date.
To support the growing resource demands of projects in the Philippines and elsewhere around the world, Black & Veatch has established an engineering center in Alabang.
Some of the innovative and transformative projects that Black & Veatch is working on in the Philippines include liquefied natural gas (LNG) power generation and large-scale floating solar power generation. The company is also involved in early-stage discussions regarding nuclear project development.
In addition, Diode Ventures, a subsidiary of Black & Veatch, is working with local partners to develop data center projects in Tarlac Province and New Clark City.
Chaudhary, along with Lee Mather, vice president and director of Southeast Asia for Black & Veatch, and other key U.S. business leaders met with Philippine government officials in Manila to learn more about business development incentives. We will discuss regulatory reform. Representatives of the trade mission will also meet with relevant local companies and business organizations to facilitate business-to-business trade and investment promotion opportunities.
Contact Black & Veatch for more information.
About Black & Vitch
Black & Veatch is a 100% employee-owned global engineering, procurement, consulting and construction firm with more than 100 years of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resiliency and reliability of their most critical infrastructure assets. Follow us at www.bv.com and on social media.
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