Maharlika Investment Corporation (MIC) has signed two agreements for potential investments in infrastructure and energy in the Philippines. The first agreement was signed with the Bases Conversion and Development Authority (BCDA). It focuses on exploring partnerships in transportation, logistics, affordable housing, and urbanization projects. The goal is to include BCDA projects like Clark Freeport Zone, Clark Civil Aviation Complex, New Clark City, and Poro Point Freeport Zone in MIC’s portfolio.
Meanwhile, under the second agreement, MIC will partner with provincial governments, electric cooperatives, and the National Electrification Administration to revitalise the power sector in Mindoro Island. The aim is to achieve 100 per cent electrification. These collaborations aim to enhance the nation’s infrastructure and energy generation, supporting local governments in need of stable power supply and modernized systems.