Hanjin Subic shipyard gets 1st order
The operation of Hanjin Shipping Company Limited (HJS) in Subic Bay Freeport has started to receive initial orders of four 4,300 ton container ships worth 0 million for delivery to France’s CMA CGM by end of 2007.
Subic Bay Metropolitan Authority (SBMA) administrator Armand Arreza said the company has a very aggressive schedule to meet the pre-paid orders of boats.
"Starting May, the company is going to hire 600 welders a month," Arreza said.
To be able to cope with the huge manpower requirement of highly-skilled welders, SBMA is tapping between P50-million to P100 million out of the P1 billion training facility available from TESDA (Technical Education and Skills Development Authority) for the training of welders.
Hanjin, South Korea’s fifth largest shipbuilder, is investing billion for a shipbuilding project in Subic. Hanjin is occupying 249 hectares for a shipyard for the first phase and another 100 hectares for the second phase in the Redondo peninsula.
Arreza also said that Olongapo has signed an agreement last February to provide the relocation site of the informal settlers that would be displaced due to Hanjin’s sprawling project.
But since the area was not yet ready, a temporary site was made available last week.
Hanjin is also donating a schoolbuilding consisting of 10 classrooms rooms for grade school and 6 for high school. The schoolbuilding would be available before the opening of classes in June.
Also, Arreza said that 300 families affected have been compensated. Each family was also assured of one employment in Hanjin.
The deal was facilitated when South Korean President Roh Moo-Hyun followed up Hanjin’s request for the construction of a road along the proposed site when he went to Manila in December for a threeday state visit.
"They (Hanjin) will form part of the SBMA’s contributions to the realization of President Gloria Macapagal Arroyo’s ten-point economic agenda," Arreza said.
The shipyard in the Philippines is part of efforts by Hanjin Heavy to compete with Hyundai Heavy Industries, the world’s largest shipbuilder, and other domestic rivals, which swept nearly 40 percent of global orders in 2005. (BCM - Manila Bulletin)
Subic Bay Metropolitan Authority (SBMA) administrator Armand Arreza said the company has a very aggressive schedule to meet the pre-paid orders of boats.
"Starting May, the company is going to hire 600 welders a month," Arreza said.
To be able to cope with the huge manpower requirement of highly-skilled welders, SBMA is tapping between P50-million to P100 million out of the P1 billion training facility available from TESDA (Technical Education and Skills Development Authority) for the training of welders.
Hanjin, South Korea’s fifth largest shipbuilder, is investing billion for a shipbuilding project in Subic. Hanjin is occupying 249 hectares for a shipyard for the first phase and another 100 hectares for the second phase in the Redondo peninsula.
Arreza also said that Olongapo has signed an agreement last February to provide the relocation site of the informal settlers that would be displaced due to Hanjin’s sprawling project.
But since the area was not yet ready, a temporary site was made available last week.
Hanjin is also donating a schoolbuilding consisting of 10 classrooms rooms for grade school and 6 for high school. The schoolbuilding would be available before the opening of classes in June.
Also, Arreza said that 300 families affected have been compensated. Each family was also assured of one employment in Hanjin.
The deal was facilitated when South Korean President Roh Moo-Hyun followed up Hanjin’s request for the construction of a road along the proposed site when he went to Manila in December for a threeday state visit.
"They (Hanjin) will form part of the SBMA’s contributions to the realization of President Gloria Macapagal Arroyo’s ten-point economic agenda," Arreza said.
The shipyard in the Philippines is part of efforts by Hanjin Heavy to compete with Hyundai Heavy Industries, the world’s largest shipbuilder, and other domestic rivals, which swept nearly 40 percent of global orders in 2005. (BCM - Manila Bulletin)
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