The Philippine government has good news for all Filipino jobseekers who wish to be employed in Subic. It has recently announced that Hanjin Heavy Industries and Construction Corp. is set to employ hire 24,000 more Filipino workers for its Subic and Misamis Oriental plants. Hanjin Philippines Inc. the company’s main office in the country currently employs 16,000 workers.
President Gloria Arroyo recently had a meting with the president of Hanjin , Jong Shup Shim. In the said meting, President Arroyo praised Hanjin for its billion-dollar investment in its Subic shipyard, and the additional multi-billion investment in a new facility in Misamis Oriental. This project would make the the fourth-largest shipbuilder in the world.
Jong informed that local production of ship components that they normally import from are se to begin in September. The president of Hanjin also said that in its first year, he expects the company to produce USD 29-million worth of locally produced components. Jong is convinced that the said amount would even rise to USD 57 million in the second year. According to Jong, the ships to be produced at the Hanjin shipyard in Subic would be entirely and proudly, Philippine-made.
As recognition for the contribution of Hanjin president for the development of the shipbuilding industry in the cpuntry and for making Hanjin one of the worlds largest shipbuilding conglomerates, President Arroyo bestow him the Presidential Medal of Merit.
The ceremony was held on Jeju Island, , at the sidelines of the 20th Anniversary of Asean and Republic of Korea Commemorative Summit.
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