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DTI offers PHL as site for Japanese shipyards
The Department of Trade and Industry (DTI) has sent a dedicated team to Japan to entice Japanese shipbuilders to put up shipyards in the Philippines, now the fourth-largest shipbuilder in the world.
Aside from the shipbuilders, Trade Undersecretary Cristino L. Panlilio said the government is also inviting several steel makers, including China Steel, to complete the supply chain for the burgeoning Philippine shipbuilding industry.
“We already sent some people from the Board of Investments [BOI] to go to the Hiroshima and Nagasaki areas where the Japanese shipbuilders are located. They are talking to the shipbuilders’ association of Japan and we are getting good feedbacks from them,” Panlilio told the BusinessMirror on Monday.
He said he will lead a bigger delegation to Japan before the end of the year to follow up on efforts of the dedicated BOI team.
With the shipyards put up by Korea’s Hanjin in Subic and Japan’s Tsuneishi in Cebu, according to him, the Philippines has proved to the world that it has the talent and the geographic features to become a major shipbuilding site in the world.
Panlilio said shipbuilders particularly want Subic and similar areas that have calm waters and deep drops near the shores.
He added that with the presence of three to four big shipyards in the country, allied industries that will complete the supply chain are also expected to follow.
The DTI, however, would lead in completing the supply chain, which is why it has started talking to major steel manufacturers.
For instance, Panlilio said, they are in discussions with China Steel for the setting up of a facility here that will supply the steel-sheet requirements of Hanjin for ship hulls.
“They [China Steel] have already visited the Philippines and are studying the prospects [of putting up a plant here],” he added.
Panlilio said they have also asked Kawasaki Steel to join the supply chain for the shipbuilding industry.
He added that inclusion of iron and steel production in the 2012 Investment Priorities Plan is a signal to investors that the Philippine government will fully support the industry, especially in offering fiscal incentives.
Such concern, Panlilio said, should encourage Pagasa Steel, Steel Asia and other local manufacturers to expand production.
Source: Business Mirror
Aside from the shipbuilders, Trade Undersecretary Cristino L. Panlilio said the government is also inviting several steel makers, including China Steel, to complete the supply chain for the burgeoning Philippine shipbuilding industry.
“We already sent some people from the Board of Investments [BOI] to go to the Hiroshima and Nagasaki areas where the Japanese shipbuilders are located. They are talking to the shipbuilders’ association of Japan and we are getting good feedbacks from them,” Panlilio told the BusinessMirror on Monday.
He said he will lead a bigger delegation to Japan before the end of the year to follow up on efforts of the dedicated BOI team.
With the shipyards put up by Korea’s Hanjin in Subic and Japan’s Tsuneishi in Cebu, according to him, the Philippines has proved to the world that it has the talent and the geographic features to become a major shipbuilding site in the world.
Panlilio said shipbuilders particularly want Subic and similar areas that have calm waters and deep drops near the shores.
He added that with the presence of three to four big shipyards in the country, allied industries that will complete the supply chain are also expected to follow.
The DTI, however, would lead in completing the supply chain, which is why it has started talking to major steel manufacturers.
For instance, Panlilio said, they are in discussions with China Steel for the setting up of a facility here that will supply the steel-sheet requirements of Hanjin for ship hulls.
“They [China Steel] have already visited the Philippines and are studying the prospects [of putting up a plant here],” he added.
Panlilio said they have also asked Kawasaki Steel to join the supply chain for the shipbuilding industry.
He added that inclusion of iron and steel production in the 2012 Investment Priorities Plan is a signal to investors that the Philippine government will fully support the industry, especially in offering fiscal incentives.
Such concern, Panlilio said, should encourage Pagasa Steel, Steel Asia and other local manufacturers to expand production.
Source: Business Mirror
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