Marcos sees new era of shipbuilding in PH

By Catherine S. Valente

May 15, 2024 12:13 am

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.'

President Ferdinand Marcos Jr. Photo from PCO

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

China says PH ships 'illegally' in its reef

NCCA, TMT sign deal to promote culture, arts

Angkas chief wants consultation on motorbike matters

Pagasa set to declare onset of La Niña

AFP plans to acquire anti-sub capabilities

War against corruption far from over, Marcos says

PhilHealth's oral health package gets nod