Maharlika Fund's NGCP Deal Collapse: Missed Strategic Opportunities
Economy

Maharlika Fund's NGCP Deal Collapse: Missed Strategic Opportunities

The planned P19.7-billion investment by Maharlika Investment Corp. (MIC) into Synergy Grid and Development Philippines Inc. (SGP), the parent company of National Grid Corp. of the Philippines (NGCP), has collapsed after nearly two years. Experts point to a missed opportunity for strategic partnership, not just funding, in streamlining regulations and enhancing government collaboration for infrastructure development.

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