Independent journal on economy and transport policy
20:56 GMT+1
This page has been automatically translated by Original news
Inaugurated the new ship yard of the Austal group in the Philippines
Already completed the construction of a ship and other four they will be finished within the turn of the year
January 16, 2013
Today the president of the Philippines, Benigno S. Aquino III, has inaugurated the ship yard Austal Philippines Shipyard, the plant in West Cebu Industrial Park di Balamban officially, in the province of Cebu, than the navalmeccanico group Australian Austal he has bought in 2011 ( on 7 November 2011).
In the course of the ceremony president Aquino has emphasized as the Philippines have become the fourth greater world-wide nation in the field of the shipbuilding: "in 2011 - it has remembered - our exports of ships have reached a value of 638 million dollars, with an increase of 57.9% regarding the year precedence. And in this moment about 45.000 Philippine ones they draw their maintenance working for navalmeccaniche companies".
"Today - it has continued Aquino - we have the honor of officially giving the welcome in our nation to another society that will accelerate the increase in this field: Austal Philippines. Currently you are still a company in phase of development in our Country, but I cannot over the long term underrate the impact of your arrival. You have already completed the construction of a destined ship to the export and I have learned that other four ships will be finished within the turn of the year, what that total of 70 million dollars will bring a value and will appoint to a job about 300 Philippine ones and perhaps still more. Besides this, you have invested other 4,8 million dollars in order to improve the yard of Balamban, fact that I in the long term consider a sign of your engagement here and that here a day to perhaps take in consideration an ulterior widening of your activity and an ulterior assumption of our fellow citizens".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher