LOCAL and foreign financial institutions have expressed support to both the government and the private sector in their initiatives to develop infrastructure and energy projects through project financing.

At the recently held 2012 Philippine Energy & Infrastructure Business Meeting, key officers from both foreign and local lenders fully recognized the importance of these projects to come into fruition and their roles in making them happen.

Shown in photo are (from left) Veronica A. Santos, principal at Ernst & Young; Chris Box, director, Project & Export Finance in Asia of Standard Chartered; Alexandre Broggi, director, Project and Export Finance Team of HSBC; and Walter Wassmer, BDO Unibank’s head for Institutional Banking Group.