BLACK & VEATCH JOINS PRESIDENTIAL TRADE AND INVESTMENT MISSION TO THE PHILIPPINES

KUALA LUMPUR, March 12 (Bernama) -- Black & Veatch, a global leader in critical infrastructure solutions, has been selected to participate the United States (US) Presidential Trade and Investment Mission (PTIM) to the Philippines on March 11 to 12.

The mission is part of President Joe Biden’s commitment to Philippine President Ferdinand R. Marcos Jr to enhance US companies' contributions to the Southeast Asia nation’s economy, including its connected infrastructure, clean energy transition, critical minerals sector and food security efforts for its people.

In a statement, Black & Veatch said the delegation will be led by Secretary of the US Department of Commerce, the Honourable Gina Raimondo.

This is the first trade and investment mission to the Philippines under the Biden administration, with the objective to reinforce the Philippines as a key hub for regional supply chains and high-quality investment.

“Advancing major infrastructure projects and investment opportunities in the Asia Pacific region is a priority. This includes adapting global best practices to support the Philippines’ rising energy needs with low and no-carbon energy sources. Black & Veatch is excited to be a part of this important mission,” said its President, Asia Pacific and India, Narsingh Chaudhary.

Chaudhary, together with the company’s Vice President and Director, Southeast Asia, Lee Mather, and other key US business leaders will meet with Government of Philippines officials in Manila to learn more about business development incentives and discuss regulatory reforms.

Trade mission delegates will also meet with relevant local firms and business organisations to foster business-to-business trade and investment promotion opportunities.

Black & Veatch has worked in the Philippines for over 30 years to deliver power and other infrastructure solutions, including more than 3,000 megawatt of greenfield power projects to date.

In addition, the company has established an engineering centre in Alabang to support the increasing demand for resources in the Philippines and other global projects, as well as being involved in innovative and transformative projects.

-- BERNAMA