The Daily Tribune
APECO "energized" over PBBM's push for renewable power reforms
The Aurora Pacific Economic Zone and Freeport Authority (APECO) fully supports President Ferdinand R. Marcos Jr.'s energy reform initiatives.
APECO President and CEO Gil Taway IV commended the President's focus on energy access, cost, and dependability, especially for remote areas.
Taway affirmed APECO's commitment to broadening energy access and lowering electricity costs through sustainable and renewable energy sources.
He noted that over three million Filipino households still lack electricity, a situation also prevalent in Aurora province, which hinders business investment.
In response, APECO is prioritizing renewable energy development within its zone in Casiguran, Aurora, to address the energy deficit.
The ecozone aims to contribute to the national target of increasing renewable energy's share to 35 percent by 2030 and 50 percent by 2040.
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