PADC director calls for state-owned firm’s ‘revitalization’

State-owned Philippine Aerospace Development Corp. (PADC) should be revived instead of abolished, a company director said, given its contributions to the country’s development and security.

“Maybe revitalization is the better alternative rather than abolishing it. Maybe additional support from the national government and better management installed is needed,” PADC Board Director Rene Abad told The Manila Times.