IEK HQ PHILIPPINES HOLDINGS INC
Osaka Engagement: Strengthening Energy and Investment Links
At the recently concluded Philippine Economic Briefing in Osaka, Japan, the Philippines showcased its commitment to strengthening international partnerships in energy and investment. Business leaders and government officials converged to highlight the country’s bold initiatives in energy security, infrastructure development, and sustainable growth.
Representing the Philippine private sector were Dr. Reghis M. Romero II, Chairman of the Board of RMR Capital Inc.; Mr. Yongsoo Samuel Cho, Chief Executive Officer of IEK HQ Philippines Holdings Inc.; and Mr. Karl Lyel B. Lim, Executive Assistant to the Chairman. Their active participation underscored the role of the private sector in shaping the Philippines’ economic trajectory and aligning corporate strategies with national priorities.
For RMR Capital Inc., the forum offered a direct platform to engage with policy makers and gain insights into the Philippine Energy Transition Program (PETP) and the Philippine Energy Plan 2023–2050. The company is eyeing opportunities in infrastructure modernization, energy storage systems (ESS), and smart grid development—critical areas that will support the country’s growing demand for reliable and sustainable energy.
Meanwhile, IEK HQ Philippines Holdings Inc. brought to the table its cross-border expertise in energy, logistics, and infrastructure. With strategic interest in clean, flexible, and scalable energy solutions, IEK HQ is well-positioned to contribute to the deployment of Offshore Wind (OSW) and the expansion of indigenous natural gas resources. These initiatives directly align with the Philippine government’s long-term vision for energy security, particularly through strong partnerships with Japanese LNG suppliers and technology providers.
Government’s Energy Roadmap
Energy Secretary Sharon S. Garin highlighted the Philippines’ updated roadmap, positioning Liquefied Natural Gas (LNG) as a flexible bridge fuel to renewables under the forthcoming 2025 Philippine Natural Gas Industry Act.
Key initiatives under the Philippine Energy Transition Program (PETP) include:
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Offshore Wind (OSW): up to 178 GW potential
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Smart and Green Grid (SGGP): modernizing the power network
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Energy Storage Systems (ESS): ensuring stability and renewable integration
These policies create strong incentives for public–private partnerships and greater foreign investment, paving the way for deeper collaboration with Japan.
Strengthening Philippines–Japan Cooperation
The Philippine delegation—led by NEDA Secretary Arsenio M. Balisacan, DTI Secretary Ma. Cristina A. Roque, and DOE Secretary Sharon S. Garin—met with Japanese counterparts in the High-Level Joint Committee on Infrastructure and Economic Cooperation, alongside one-on-one sessions with leading investors.
The Osaka engagements reaffirmed the Philippines’ readiness for long-term investment and underscored the role of private enterprises like IEK HQ Philippines Holdings Inc. in building a greener, more secure, and globally competitive future.