RP 'needs better infrastructure'
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The Aquino administration must boost efforts to ensure energy security for the country if it wants to attract more investors, the umbrella organisation of European companies operating in the Philippines said on Friday.
The European Chamber of Commerce of the Philippines (ECCP) said improving supply, stability and quality of energy should be made a priority by President Benigo Aquino in the second half of his term.
The group said while recent upgrades granted to the country by credit-rating firms were a positive development, greater effort has to be exerted on the energy front to help create a domestic environment that was “truly conducive to job-friendly investments.”
