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News > Nation
US-based nuclear firm to invest in PH
By Kristina Maralit
May 03, 2023 12:44 am

WASHINGTON, D.C.: Leading American nuclear energy firm NuScale Power Corp. expressed interest in investing in the Philippines after its officials met with President Ferdinand Marcos Jr. on the second day of his official working visit here.

Based in Oregon, NuScale said it plans to conduct a study to locate a site in the Philippines to develop a small nuclear power system that is 'safe, modular and scalable.'

President Ferdinand R. Marcos Jr. meets the top executives of NuScale Power Corporation in Washington, D.C. on the sidelines of his working visit to the United States on Monday (May 1, 2023). (Photo courtesy of PCO)

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