SAN Miguel Corp. plans to put up a power plant and feed mills in Sulu before the year ends, Agriculture Secretary Manny Piñol said on Friday.
Piñol bared SMC’s planned investments after a meeting on Wednesday with SMC president and chief operating ofï¬ cer Ramon Ang, who considered these interventions their “important contributions to the peace efforts” of President Rodrigo Duterte.
While these investments may be considered risky by other entrepreneurs, Ang said “Yes, we are willing to take the risks just so we could help President Duterte achieve peace and stability in the Southern Philippines, especially in the troubled island of Sulu.”
Piñol said the conglomerate will put up a 20-megawatt power plant for the main island.
“For the small islands, I will ask the Department of Energy to establish solar farms,” he noted.