Mr. Garcia is responsible for business development and integration into Metro Pacific’s businesses. His mandate is to increase shareholder value, by exploring new business ventures, executing the development of Greenfield Projects and Merger and Acquisition (M&A) transactions, especially those with synergies to our existing businesses.
As MPIC’s Vice President of Business Development, Karim is growing our rail business, advancing our foray into airports, and acquiring both fossil and renewable energy assets. He is also diversifying MPIC’s portfolio into deregulated and scalable infrastructure investments such as organic waste to biogas, and the production and distribution of industrial gases. Furthermore, in January 2021, he led MPIC’s acquisition of Philippine Coastal Storage & Pipeline Corporation (PCSPC), the largest Independent fuels storage facility, accounting for approximately 38% of the total import terminal storage capacity in the Philippines.
Karim is a member of the Executive Committee of Light Rail Manila Corporation which owns and operates the Light Rail Transit 1 system and is a Board Member of PCSPC. Concurrently, he is also the CEO of our organic waste-to-energy Biogas and CO2 company, METPower.
Prior to joining MPIC, he managed the development of several international power projects, with a combined generation capacity of approximately 1000 MW, as well as executed energy venture capital M&A deals in South East Asia.
Karim holds a Bachelor of Science in Business Administration (BSBA), from the Questrom School of Business at Boston University, and obtained a Masters of Business Administration (MBA) from the Marshall School of Business at the University of Southern California. He is also an alumnus of the Ateneo de Manila.