Shipyard to inject P4.6 billion to local economy
CAGAYAN DE ORO CITY,South Korea's Hanjin Heavy Industries needs 40,000 workers over the next few years to construct and operate its proposed multi-billion shipyard in Tagoloan, Misamis Oriental.
Once in operation, the Hanjin is expected to inject into the local economy at least P4.6 billion per year in terms of salaries and wages for its employees, General Manager Jeong Sup Shim said.
Vice Mayor Vicente Emano quoted Hanjin officials as having said that the Korean shipyard firm prefers women as welders more than their male counterpart.
They (Hanjin officials) prefer women since they have observed that women are more careful in handling welding jobs than men, Emano said.
He said government line agencies here led by the Technical Education Skills and Development Authority (TESDA) are now training skilled workers to fill up much needed vacancies once the shipyard operates.
Emano said that some 50, first batch welders, are now reportedly training in Hanjin's facility in Subic, Zambales.
Pacifico Pupos, Jr., presidential assistant for Northern Mindanao, said that the Korean shipyard company wants untrained applicants, especially welders, so that they can be properly trained the Hanjin standard."
Aside from welders, plumbers and electricians are also needed in the shipyard complex, Pupos said. He said Hanjin will soon open recruitment offices in Cagayan de Oro.
The proposed Hanjin shipyard located at the Phivedec Industrial Estates (PIA) 441-hectare lot is the firm's second in the country but is considered the fourth largest shipyard worldwide.
The first phase of its Phividec operations will fabricate pipes and light bridges with a maximum capacity of 80,000 tons a year when it start operation next year.
The facility's capacity would expand to 830,000 tons in the next 15 years. By then, the shipyard is expected to start constructing giant ocean-going cargo and container ships.
When completed in 2017, the new shipyard complex will have a capacity of 830,000 tons per year. Hanjin has an existing multi-billion dollar shipyard in Subic , PIA officials said.
This year, Hanjin expects to finish most the phases of its first US$ billion shipyard complex at the 349-hectare lot at the Subic Bay Freeport zone. The Subic dockyard complex is scheduled for completion by 2011.
Jeong said Hanjin decided to build and expand its facilities in Misamis Orientals economic zone at the Phivedec area to enable it to avail of income tax holidays and import duty free equipment.
He said their company decided to expand overseas due to capacity constraints in Korea. Hanjin is scheduled to deliver 33 medium-sized container vessels worth several billion US dollars, in the next two years and build 82 large-sized ships from 2009 to 2011 at its Philippine facilities. (PNA)
Once in operation, the Hanjin is expected to inject into the local economy at least P4.6 billion per year in terms of salaries and wages for its employees, General Manager Jeong Sup Shim said.
Vice Mayor Vicente Emano quoted Hanjin officials as having said that the Korean shipyard firm prefers women as welders more than their male counterpart.
They (Hanjin officials) prefer women since they have observed that women are more careful in handling welding jobs than men, Emano said.
He said government line agencies here led by the Technical Education Skills and Development Authority (TESDA) are now training skilled workers to fill up much needed vacancies once the shipyard operates.
Emano said that some 50, first batch welders, are now reportedly training in Hanjin's facility in Subic, Zambales.
Pacifico Pupos, Jr., presidential assistant for Northern Mindanao, said that the Korean shipyard company wants untrained applicants, especially welders, so that they can be properly trained the Hanjin standard."
Aside from welders, plumbers and electricians are also needed in the shipyard complex, Pupos said. He said Hanjin will soon open recruitment offices in Cagayan de Oro.
The proposed Hanjin shipyard located at the Phivedec Industrial Estates (PIA) 441-hectare lot is the firm's second in the country but is considered the fourth largest shipyard worldwide.
The first phase of its Phividec operations will fabricate pipes and light bridges with a maximum capacity of 80,000 tons a year when it start operation next year.
The facility's capacity would expand to 830,000 tons in the next 15 years. By then, the shipyard is expected to start constructing giant ocean-going cargo and container ships.
When completed in 2017, the new shipyard complex will have a capacity of 830,000 tons per year. Hanjin has an existing multi-billion dollar shipyard in Subic , PIA officials said.
This year, Hanjin expects to finish most the phases of its first US$ billion shipyard complex at the 349-hectare lot at the Subic Bay Freeport zone. The Subic dockyard complex is scheduled for completion by 2011.
Jeong said Hanjin decided to build and expand its facilities in Misamis Orientals economic zone at the Phivedec area to enable it to avail of income tax holidays and import duty free equipment.
He said their company decided to expand overseas due to capacity constraints in Korea. Hanjin is scheduled to deliver 33 medium-sized container vessels worth several billion US dollars, in the next two years and build 82 large-sized ships from 2009 to 2011 at its Philippine facilities. (PNA)
Labels: cagayan de oro, hanjin, shipyard
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