News Release

Aboitiz Group expresses support to PBBM admin’s infrastructure agenda

Private holding company Aboitiz Group said it is aligning itself with President Ferdinand R. Marcos Jr.’s agenda on infrastructure, particularly on energy and water solutions development.

“We’ve had our past and we still have our future and we look forward to align ourselves whole heartedly with President Marcos Jr.’s agenda on infrastructure. We started in Visayas already where we made significant strides in the energy sector and now we start focusing in developing sustainable water solutions,” said Sabin Aboitiz, president and CEO of Aboitiz Group, during the inauguration of the Davao City Bulk Water Supply Project.

“We bring our expertise and experience in surface water projects, which we believe is key to sustainable water future for all of us Filipinos. The success that we celebrate today is an example for our entire nation,” he said.

Aboitiz said the Davao water project is the kind of public-private partnership (PPP) projects needed in all the country’s provinces, as it makes significant contributions to the national government’s agenda for improving water supply across the Philippines by aligning with the priorities outlined by the President in his State of the Nation Address.

Wednesday’s event is not just an inauguration of a project, it is a launching of a model for future endeavors, Aboitiz said.

It is also a demonstration of how much can be achieved by unsolicited private partnerships, he noted, underscoring an essential truth that when structured correctly, unsolicited proposals would greatly benefit both the public and the private interests.

At the same time, it could also offer the government a wide range of menus to choose from, he added.

According to Aboitiz, the company has developed a bond with the city, which goes back to the incorporation of Davao Light and Power Co., its first electric company.

It also worked with the local government to establish the Davao 911 hotline system, built a power plant, and provided electric powered buses to government employees. PND