Global Business Power supports Cebu Business Month

Global Business Power Corporation (GBP) supports Cebu Chamber of Commerce and Industry (CCCI) in celebrating Cebu Business Month (CBM) this June.

GBP, through subsidiaries Cebu Energy Development Corporation and Toledo Power Company, is one with CCCI in inspiring, promoting and growing businesses in Cebu.

“We are very optimistic about Cebu’s business prospects,” said GBP head for Toledo operations Engr. Leah G. Diaz during the CBM launch.  “To support Cebu’s upbeat economy, we are committed to provide adequate, reliable and cost efficient power supply to draw in more investors and create quality job opportunities for the Cebuanos,” she added.

Having Digital Cebu as theme for its 20th year celebration, CBM shall tackle new and innovative ideas on how to improve businesses with the help of digital technology.  It shall also serve the purpose of gathering key industry stakeholders to promote collaboration not only with existing partners but along with new linkages from both domestic and global key players.

Among CBM’s month-long line-up of activities, GBP shall support the Entrepreneurship Technology and Innovation Expo, Social Entrepreneurship Conference, 4th Run for the Rivers and the Grand Chamber Awards Night.

GBP has been dedicated to fuel Cebu’s economic development.  The Visayas region had experienced rotating brownouts in 2008 due to tight power supply.  Through Cebu Energy, GBP put up 3×82 MW clean-coal power plant facilities in Toledo City to address the increasing energy requirements of the region.  With the assurance of stable power supply, mining, tourism, retail shopping industries and major industries like shipbuilding prospered.  In 2014, GBP, through Toledo Power, commenced operations of its 1×82 MW expansion project to serve additional energy demand.

GBP also operates 60 MW coal-fired and 40 MW diesel-fired power plants in Toledo City through Toledo Power Company.  GBP is a member of the GT Capital Group of Companies.