In a significant move to bolster the Philippine steel industry, the Manila Electric Company (Meralco) and the Philippine Iron & Steel Institute (PISI) have partnered to address pressing economic and global challenges.
During a high-level strategic meeting at the Meralco Operating Center in Pasig City, top executives from both sectors came together to explore new ways to energize the country’s steel production and support long-term growth. Leading the dialogue were Meralco Chairman and CEO Manuel V. Pangilinan and PISI President Jojo Magsajo, flanked by Meralco EVP and COO Ronnie L. Aperocho and SVP and Chief Revenue Officer Ferdinand O. Geluz.
The discussion centered on harnessing PISI’s deep industry knowledge and market data to pinpoint potential investments and collaborative ventures. These efforts aim not only to bolster the sector’s resilience but also to enhance its global competitiveness.
As the steel industry plays a crucial role in infrastructure, construction, and manufacturing, this partnership signals a united commitment to fortifying one of the Philippines’ most essential industries. Both Meralco and PISI emphasized the importance of innovation, sustainability, and strategic planning to ensure the local steel sector thrives amid shifting global dynamics.