Philippines Needs $486 Million to Get Everyone on Grid: Star
(Bloomberg) -- The government needs to spend about 25 billion pesos ($486 million) to provide electricity to the 13 million Filipinos who live without it, the Philippine Star on Sunday cited a lawmaker as saying.
Mikee Romero, the head of the Party-list Coalition in the House of Representatives, said the government should boost the country's electrification program to reach the 2 million families without power, according to the report.
Households in areas that are currently not fully grid-connected, such as parts of Mindanao and Mindoro, are likely to gain better access to electricity supply in the coming years, with a target to reach 100% electrification across the Philippines by 2022, the Asian Development Bank said in a report last year.
To contact the reporter on this story: Karl Lester M. Yap in Manila at kyap5@bloomberg.net
To contact the editors responsible for this story: Shamim Adam at sadam2@bloomberg.net, Stanley James, Magdalene Fung
©2019 Bloomberg L.P.
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