President Ferdinand R. Marcos Jr. announced on Friday the investment plan by Japan’s Kanadevia Corporation for a Waste-to-Energy (WtE) project aimed at transforming Manila’s waste problem through sustainable, large-scale energy recovery.
“I’m pleased to share that we are working with Japan’s Kanadevia Corporation on a landmark Waste-to-Energy project for Manila. This initiative will turn thousands of tons of waste into clean energy, reduce flooding, create jobs and help clean up communities,” President Marcos said in a statement posted on social media.
On the second day of his working visit in Osaka, Japan, President Marcos met with company executives and discussed Kanadevia Corporation’s investment plan for the Waste-to-Energy project in partnership with Phil. Ecology Systems Corp. (PhilEco).
PhilEco is a major player in the design, construction, and operation of integrated solid waste management and disposal facilities in the Philippines.
Meanwhile, the Osaka-headquartered Kanadevia Corporation specializes in high-tech environmental systems, including advanced facilities that turn waste into energy, make seawater potable, and treat wastewater.
Kanadevia Corporation will be the Waste-to-Energy project’s Japanese proponent, co-investor, and technology provider.
Located in Smokey Mountain, the Manila Waste-to-Energy project is a groundbreaking and strategic infrastructure initiative that will address several national priorities including better waste disposal system, power generation, generation of foreign direct investments, jobs creation, and environmental sustainability.
Following the meeting, the President also met with leaders from Tsuneishi Shipbuilding Co., Ltd., one of the world’s leading shipbuilders.
A globally recognized Japanese shipbuilder since 1917, Tsuneishi Shipbuilding Co., Ltd. accounts for a significant share of the international market for medium-sized bulk carriers.
The company specializes in building bulk carriers, container ships, and tankers, and operates shipyards in the Philippines, Japan, and China with business offices across Asia and Europe.
Strengthening its presence in the country, Tsuneishi Shipbuilding Co., Ltd. is entering the fifth phase of expansion of its shipyard in Balamban, Cebu with investments on new capital equipment and enhanced research and development capabilities. | PND
