Author Topic: Government eyes own shipbuilding facility  (Read 1737 times)

adroth

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Government eyes own shipbuilding facility
« on: September 02, 2019, 01:36:00 AM »
Government eyes own shipbuilding facility
Richmond Mercurio (The Philippine Star) - September 1, 2019 - 12:00am

MANILA, Philippines — The government is looking to develop its own shipbuilding facility that would bolster its efforts in modernizing the country’s maritime fleet.

“We have a project to develop the first shipbuilding facility that will be initiated under the Duterte administration. We have already completed our feasibility study,” Philippine Ports Authority (PPA) general manager Jay Santiago said.

The project will be spearheaded by the Department of Transportation, through the PPA.

Santiago said the shipyard would be located in Luzon, spanning 10 hectares with an initial investment cost of about P300 million.

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Read more at https://www.philstar.com/business/2019/09/01/1947953/government-eyes-own-shipbuilding-facility