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:

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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.1aшphi1

By authority of the President:

(SGD.) ALEJANDRO MELCHOR
Executive Secretary

Manila, June 27, 1974


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