PRESIDENT Ferdinand Marcos Jr. is optimistic that the Philippines can regain its footing in the global shipbuilding industry with the investments of Cerberus Global Investment LLC and HD Hyundai Heavy Industries.
In his speech Tuesday during the announcement of Cerberus and HD Hyundai partnership in Subic, Marcos said such investments would not only generate thousands of jobs but "enable the transfer of critical skills and improve the Philippines' position in the global market."
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