“We’re quite certain that the Department of Energy has arrived at this particular conclusion after a thorough study of the advantages and disadvantages of it,” Deputy Presidential spokesperson Abigail Valte said in an interview with dzRB Radyo ng Bayan today, commenting on the the report that all Chinese technical experts working in National Grid Corporation of the Philippines will be sent home on July.
The government decided to sent home all Chinese electricity experts considering national-security. On July the grid corporation will be operated entirely by Filipino experts.
Chinese government-owned State Grid Corp of China owns 40 percent of NGCP while two Filipino companies owns 30 percent each. Two Chinese executives will remain in the country just to represent their company as board members.
“We hope that the Philippine side can deal with relevant issue in a just and impartial way, protect the rights and interests of Chinese enterprises in the Philippines, and create a favorable environment for foreign investors,” an official from Foreign Ministry of China said.