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Memorandum Order No. 435 (1974)

Memorandum Order · June 27, 1974


MALACAÑAN PALACE

MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ MEMORANDUM ORDER NO. 435, June 27, 1974 ]

In view of the acceptance by the Philippine Government and the National Power Corporation of the proposals of Amex International Limited (AMEX) in connection with the financing of two (2) 600 MW Nuclear power plants as contained in its letters dated June 10 and June 14, 1974, a team is hereby created to coordinate and direct all activities involved I the procurement of the necessary financing for the plants.

The team shall be composed of the following:

1. | Mr. Ramon R. Ravanzo | – | Chairman | General Manager | National Power Corporation 2. | Atty. Ruben Ancheta | – | Member | Assistant Director General for Programs & Projects | National Economic & Development Authority 3. | Miss Fe Villafuerte | – | Member | Special Assistant to the Chairman | Development Bank of the Philippines 4. | Mr. Arthur Alvendia | – | Member | Director, Policy Analysis &Research Office | Development Management Staff | Office of the President 5. | Mr. Gabriel Itchon | – | Member | Chief, External Debt Dept. | Central Bank of the Philippines 6. | Mr. Victor C. Macalincag | – | Member | Head, Technical Staff for Economic Affairs | Department of Finance 7. | Mr. Demetrio C. Paz | – | Member | Regional Manager | National Power Corporation 8, | Mr. Jose Torres | – | Member | Chief, Nuclear Power Div. | National Power Corporation 9. | Mr. Guillermo V. Soliven | – | Member | Director, Management of External Debts & Invisible Accounts Department | Central Bank of the Philippines

The Team is hereby directed to meet immediately and, in collaboration with AMEX and Westinghouse, take such steps as are necessary towards the accomplishment of its assigned task.

By authority of the President:

(SGD.) ALEJANDRO MELCHOR

Executive Secretary

Manila, June 27, 1974

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