Pilipinas Shell Petroleum Corp, QEV Philippines, and Swiss robotics firm ABB have partnered to put up the first electric vehicle (EV) fast charging infrastructure network in the country. In a separate development, Philippine conglomerate Alliance Global Group Inc (AGI) announced its foray into infrastructure sector with the creation of a new company, INFRACORP Development Inc.
Shell, QEV Philippines, ABB to build EV charging stations
Shell disclosed on Tuesday (October 10) that the companies signed a memorandum of agreement for the same last Thursday as they target to complete the first installations of the charging stations by December 2017.
An initial 100 pilot sites of the EV charging posts are planned to be placed on Shell’s selected retail stations in Metro Manila.
“The charging posts will be supplied by ABB, the Swiss multinational company specializing in robotics power and automation technology that installed EV charging posts all around Europe and in many parts of the world,” Shell said in its statement.
QEV Philippines is a joint venture between Aboitiz Transport System Corp president and CEO Endika Aboitiz, and Spain’s Enrique Bañuelos. Both are interested in assisting local jeepney manufacturers in the conversion of passenger jeepneys into battery-powered vehicles.
AGI forays into infra, pitches Skytrain project
Investment holding company Alliance Global Group Inc (AGI) has forayed into infrastructure business, and has proposed to the government the building of a 2-km monorail project called Skytrain in Metro Manila.
Led by tycoon Andrew L. Tan, AGI has created INFRACORP Development Inc, a new company that will handle infrastructure projects, particularly to participate in the government’s private-public partnership (PPP) projects.
The conglomerate disclosed on Wednesday (October 11) that its current administration made the decision recognizing what it calls the “golden age of infrastructure in the country”.
Infracorp’s proposed Skytrain project will link the financial districts of Makati and Bonifacio Global City (BGC). A station will be built in Guadalupe, Makati near the MRT station and another in Uptown Bonifacio, a township development of AGI’s real estate arm Megaworld, at no cost to the government.
The project is estimated to take three years to construct, and is expected to benefit around 60,000 to 100,000 passengers daily.
AGI also disclosed Infracorp is also looking into other potential infrastructure projects, particularly linked to transport solutions, in several business districts around Metro Manila, and in key growth areas around the Philippines.