Another shipbuilding facility to rise in Subic zone
SUBIC BAY FREEPORT—A modern domestic shipbuilding facility will soon rise in this premier Freeport zone.
Subic Bay Metropolitan Authority chairman Feliciano Salonga, in a meeting with National Maritime Leasing Corp. president Agustin Bengzon, said the facility would create a synergy aimed at supplying the needs of the domestic shipping industry.
Salonga said the partnership and mutual cooperation of SBMA and National Maritime Leasing, a subsidiary of National Development Co., would focus on the acquisition of affordable but more efficient cargo and passenger ships by local shipping operators.
Shipbuilding has been included in the government’s Investment Priority Plan. “The shipbuilding center would also be part of the envisioned Subic Bay Maritime Industrial Park that promises to become one of the legacy projects of the present SBMA administration,” Salonga said.
Bengzon said National Maritime Leasing would fully support the project as he cited the pressing need to build about 18 new tankers by next year for the use of local shipping operators, through a lease-to-own scheme.
National Maritime Leasing is implementing President Gloria Macapagal Arroyo’s Strong Republic Nautical Highway project, through the acquisition of modern roll-on roll-off vessels for leasing to qualified operators.
“Indeed, there is a shortage of commercial vessels in our country and the shipbuilding yard being planned in Subic could help address the need of our nation,” Bengzon said.
Salonga, citing a study conducted by the Japan International Cooperation Agency, said the domestic shipping industry consisted mostly of second-hand and ageing vessels, majority of which came from Japan
By Cecille Garcia - Manila Standard Today
Subic Bay Metropolitan Authority chairman Feliciano Salonga, in a meeting with National Maritime Leasing Corp. president Agustin Bengzon, said the facility would create a synergy aimed at supplying the needs of the domestic shipping industry.
Salonga said the partnership and mutual cooperation of SBMA and National Maritime Leasing, a subsidiary of National Development Co., would focus on the acquisition of affordable but more efficient cargo and passenger ships by local shipping operators.
Shipbuilding has been included in the government’s Investment Priority Plan. “The shipbuilding center would also be part of the envisioned Subic Bay Maritime Industrial Park that promises to become one of the legacy projects of the present SBMA administration,” Salonga said.
Bengzon said National Maritime Leasing would fully support the project as he cited the pressing need to build about 18 new tankers by next year for the use of local shipping operators, through a lease-to-own scheme.
National Maritime Leasing is implementing President Gloria Macapagal Arroyo’s Strong Republic Nautical Highway project, through the acquisition of modern roll-on roll-off vessels for leasing to qualified operators.
“Indeed, there is a shortage of commercial vessels in our country and the shipbuilding yard being planned in Subic could help address the need of our nation,” Bengzon said.
Salonga, citing a study conducted by the Japan International Cooperation Agency, said the domestic shipping industry consisted mostly of second-hand and ageing vessels, majority of which came from Japan
By Cecille Garcia - Manila Standard Today
posted by OlongapoCity Zambales at
6:34 PM
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