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JFC Concerns regarding the Philippine Power Industry


The Joint Foreign Chambers (JFCs) addressed a letter to President Macapagal Arroyo on May 27 covering our concerns regarding the Philippine Power Industry and the real threat that we will face undersupplies in electricity starting 2010 which would affect existing and potential investors. The Senate felt that our recommendation not to amend the EPIRA Law at this stage should have been addressed to them and 'invited' the presidents of the 7 organizations that are cooperating as JFCs to a public hearing on June 6. The Senate hearing was not 'encouraging' for foreign investors. For your information, we provide the following documents:

  • JFC Letter to the President
  • JFC Statement Hubert d’Aboville as spokesperson for the JFC tried to deliver (he did after many interruptions)
  • Video covering the press conference after the Senate hearing.
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