NEWS AROUND SUBIC BAY

Shipbuilding gets support

Posted 4 years ago

The Department of Trade and Industry (DTI) is planning a support package for the country’s shipbuilding industry to enhance further its capability while addressing connectivity not only around the islands but in Asean as well.

In her presentation at a recent summit, Rafaelita Aldaba, DTI assistant secretary, said the support package applies to roll on, roll off (Ro-Ro) operators and for those establishing maritime industrial parks.

Ramon Lopez, DTI secretary, said the agency is looking at developing further the industry where there are current players like Cebu and Subic.

A number of Korean and Japanese companies are active participants in the sector.

“It would be good if there are more players,” Lopez said.

Shipbuilding is currently one of the activities entitled to incentives under the Investment Priorities Plan.

Lopez said shipbuilding is one of the 12 subsectors being promoted in the new industrial policy of the DTI under its Inclusive Innovation Strategy.

In that strategy, the DTI hopes to attract more shipbuilders and ship repair facilities for RORO as well as small – and medium – sized vessels

Lopez said this is also in support of the Ro-Ro Davao-General Santos-Bitung (Sulawesi) route launched in April by the Philippines and Indonesia aimed at boosting trade in the regions.

The Philippines has been the fourth largest producer of ships since 2010.

As of 2010, the Philippines had 15 manufacturers of shis, three manufactured metal sections of ships (all Filipino), with the remaining building ships (six Filipino, two Japanese, one Korean and one Singaporean.

 

Source: malaya.com.ph

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