Gensan biz chamber backs Socoteco II-Ignite deal

Gensan biz chamber backs Socoteco II-Ignite deal

MANILA, Philippines — The General Santos City Chamber of Commerce and Industry has expressed support for the proposed deal to inject new capital into South Cotabato II Electric Cooperative (Socoteco II), while calling for safeguards to protect consumer interests. According to a statement approved by its board, the Gensan Chamber said the planned joint venture among Socoteco II and Ignite Power and Prime Electric Holdings Inc. could address the power cooperative’s operational challenges, particul