What does the government corporation PSALM Corp. manage?

PSALM Corp., or the Power Sector Assets and Liabilities Management Corporation, is a government-owned and controlled corporation in the Philippines that specifically focuses on managing the assets and liabilities of the country's power sector. This includes overseeing the privatization of government-owned power generation facilities and managing the financial obligations associated with these assets.

The corporation was established to ensure that the transition from government-operated power generation to a privatized sector is carried out effectively, helping to improve efficiency and attract private investments. By managing the assets of electric power producers, PSALM Corp. plays a crucial role in the overall functioning and regulation of the electricity market in the Philippines.

In contrast, telecommunication networks, transportation infrastructure, and water resources fall under different government entities or sectors, focusing on various services and utilities that do not intersect with the responsibilities handled by PSALM Corp. This delineation of roles helps maintain an organized approach to governance and management in the Philippines.