Bilyonaryo Sabin Aboitiz led foreign business leaders in a discussion about nuclear energy at the Asia-Pacific Economic Cooperation (APEC) event in the United States.
Aboitiz, who is vice chairman of the APEC Business Advisory Council (ABAC), steered a virtual roundtable discussion with global CEOs over the benefits and concerns on using nuclear power.
“We need to build trust and guarantee the safe and responsible use of nuclear energy,” he said, summarizing the outcomes of the group discussion.
“To attract financing for nuclear power plants, there is a need for sound and stable energy policies that instill confidence in investors,” the bilyonaryo added.
For Aboitiz, nuclear is an important resource to diversify power sources among nations, especially for increased efficiency and lower electricity costs.