PBBM, pinangunahan ang pagbubukas ng manufacturing plant para sa baterya ng e-vehicles

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00:00President Ferdinand R. Marquez Jr. led the opening of a new factory in Tarlac

00:06which is the first manufacturing plant for the battery used in EV vehicles.

00:12This is the story of Allan Francisco.

00:17To the entire team behind the St. Big Eagle factory,

00:21thank you for taking this leap of faith with us.

00:24You have established a foundation

00:27for a cleaner, greener, and more prosperous Bagong Pilipinas.

00:58This inauguration of the St. Big Eagle factory

01:03is a remarkable example of what happens

01:06when our national agenda of promoting clean energy

01:10intersects with a solid commitment from the private sector.

01:14Your Excellency, Ambassador, you hit the nail on the head there.

01:19This is the best example that we can show.

01:22Not only because we have finally brought it to fruition

01:27but we brought it to fruition in what I consider to be record time.

01:32In fact, this development is among the pledges

01:35that we received during the Philippine Business Forum in Australia, Melbourne, last March,

01:40in Canberra, six months later.

01:43We are witnessing how this pledge has come into reality.

01:47STB Capital Partners, which is based in Australia,

01:53is a partner of the Philippine Government.

01:56This is the result of the Philippine Business Forum

01:59that President Marcos held on the sidelines of the ASEAN-Australia Summit last March.

02:04The President said that this is the result of the good cooperation between the Philippines and Australia.

02:10It sends this message to the world.

02:12The Philippines is now ready to innovate, to lead,

02:16to become the go-to destination for high-tech, high-impact investments.

02:21According to President Marcos,

02:23this will give the expected 5 billion pesos investment projection.

02:28More than 2,000 Filipinos will receive this job.

02:33So from engineers and technicians to administrative personnel,

02:37it is about nurturing homegrown talent

02:40and offering opportunities that match the ambitions right here on our own soil.

02:46The President hopes that with the launch of this factory,

02:50other investors will be interested to enter and build renewable energy investments in the Philippines.

02:57The factory is expected to start commercial operations next month.

03:03From Kapas Tarlac, Alan Francisco, for Pamansang TV in Bagong, Philippines.

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