PRESIDNET Ferdinand R. Marcos Jr. met on Saturday with top officials of major South Korean conglomerate DL Group in Busan, South Korea, to discuss the company’s energy prospects and other ventures in the Philippines.
President Marcos took advantage of his working visit to the Republic of Korea to meet with Korean companies interested in doing business or expanding in the country.
DL Group’s subsidiary, DL E&C, is partnering with Meralco to pursue small modular reactor (SMR) projects in the Philippines.
SMRs are compact nuclear plants that can safely produce clean, stable energy using less land and shorter construction periods than traditional facilities.
The company launched feasibility study in August 2025 for a 320-megawatt SMR in the near term.
DL Group, with core businesses in construction, petrochemicals, and energy, was founded in 1939. It is headquartered in Seoul, South Korea.
Aside from its core businesses, the group is also involved in logistics and IT solutions, manufacturing, leisure, and education.
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