MVP-Denis Uy Tandem-A A +A
Monday, February 10, 2014
PUBLIC Private Partnership in action will usher the golden era of economic growth in Pampanga.
World-renowned business icon Manuel V. Pangilinan has indicated his desire to leave a life-long legacy to his province along this line, according to IT pioneer Dennis Uy of Angeles City.
“When a man of success commences to think of something that outlasts his life, expect him to realize that mission in his lifetime,” Uy describes MVP’s ambition for the province.
The popular IT specialist from Angeles is joining MVP in the first step to that thousand-mile journey which is the speedy development of local commerce and industry.
Learning from his vast business experience, Uy discovered that the problem in the local power sector is the single largest deterrent and obstacle to progress and development. “It is in fact the same reality nationwide,” he said.
He cited a giant tile manufacturing firm that intended to locate and start a factory in Porac town. When he learned of the instability and undependability of the electric coop in the town, the investor scuttled his project that could have provided a thousand jobs in the area.
Scores of investors in manufacturing and allied industrial activities are eager and are showing active interest in relocating their new operations or expansion to north Pampanga, he said.
He foresees the inevitable necessity of decongesting Metro Manila of commercial and industrial establishments, as he expects their imminent exodus to the heart of Central Luzon.
He and the MVP have teamed up to develop the local power distribution management, with Pelco II as the pilot project. A study of the failures of most Philippine power cooperatives identified mismanagement and corruption, along with lack of initiative and foresight by managers, as the core problem, he said.
Known for his world-class professionalism and success in corporate engagements, MVP merges his work passion and resources with his younger partner’s existing network, management expertise, and mastery of the work environs.
The partners are now ready to plead their proposal before the National Electrification Administration to effect an agreement for the management take-over of Pelco2. Initial capital infusion for the work was estimated at over P700 million. This Coop has been a perennial problem of the NEA.
What would facilitate this worthy proposal is the full support and encouragement of Gov. Lilia Pineda, Uy said. He is optimistic that President Noy will give his go-signal to what could be the first and truly viable project under the PPP concept in the region. “Mrs. Pineda is concerned about new investments north of the province.”
Mabalacat Mayor Boking Morales and Rep. Oca Rodriguez endorsed the plan. The mayor cited power dependability in his city will attract new investments while protecting residents from inefficient service. Rep. Oca said the spirit and substance of public private partnership as called for by P-Noy will be amply tested and given impetus in the MVP-Dennis Uy team up.
Residents-consumers within Pelco 2 will soon enjoy a brown-out free service, rationalized power rates, and efficient Coop services once the project has taken off. Metro Manila industries will move to the Metro Clark area, usher new economic activities, while stimulating business and income generating enterprises, Uy added.
Dennis Uy, a professional electrical engineer, is president of ComsTech , a power distribution firm. He is known as a pioneer investor-technologist in electronics and communications with the Metro Clark cable system as flagship outfit. His ComClark outfit is the region’s largest internet service provider, backed up by the ACCTN TV-Radio network. As an opinion survey enthusiast, his record for electoral poll surveys n the past is admired for their pinpoint accuracy. For his business and technological achievements, he has been endorsed as Most Outstanding Kapampangan Awardee. He declined the nomination.
When special people touch our lives,
We see how beautiful and wonderful our world can be.
Blessed are those who give us love, joy and faith.
Published in the Sun.Star Pampanga newspaper on February 11, 2014.