GGLC Express Issue - Global Gateway Logistics City

PAGE 12Regional News“We will be your partner in this effort, as you and theSBMA will be ours in making Zambales more progressive,”Ebdane added.Yoo also said that since 2007, Hanjin has helped trainsome 22,000 workers at its skills training center in theSubic Bay Freeport. The trained workers includedwelders, painters, pipe fitters, electricians, machinists,and outfitters, who were mostly hired later at the Hanjinshipyard.He added that the Korean shipbuilder, which has investeda total of $1.9 billion in its Subic shipyard, hadso far manufactured 14 vessels worth $850 millionsince 2008 when it delivered its first vessel, the MVArgolikos, to a Greek shipping company.With the new orders, Yoo said that Hanjin would sellabout $700 million worth of vessels this year, $935million in 2011, and $1.28 billion in 2012.CDC Prexy issues virtual valedictory‘P6.3-B actual investments’Sep 08, 2010Punto Central LuzonCLARK FREEPORT – Achieved: P6.3-billion in“actual investments”, an “all-time high” employmentof 58,777, and exports of about $900-million yearly. Anticipating his possible replacementby the Aquino administration, Clark DevelopmentCorp. president and chief executive officerBenigno Ricafort listed these as among histop accomplishments under the eight-pointagenda he established when he took over hispost in August, 2008.The investments, employment and exports performancewas classified in his virtual valedictoryreport as “achieved”. The state-owned CDC runssome 2,500 hectares of this freeport, with another2,500 hectares – devoted mostly to anaviation complex accommodating the DiosdadoMacapagal International Airport (DMIA) – beingunder the Clark International Airport Corp.(CIAC).Some sectors have batted for the retention ofRicafort, an appointee of former Pres. Arroyo,but members of the business community in CentralLuzon said they expected Pres. Aquino toappoint somebody from his Tarlac home provinceto replace him.Officials of Hanjin Heavy Industries Corp.-Philippines posewith officials of Kaptanoglu Shipping Line, owner of the M/TLeyla K at the Hanijn shipyard in the Subic Bay Freeport. The114,000-ton ship was the first oil tanker built by Hanjin inSubic.Among those reportedly being considered is retiredinternational banker Benito Gonzalez whoearlier junked the post as president of the DevelopmentBank of the Philippines.These prospects, Arreza noted, would boost not onlylocal employment but also the shipbuilding skills ofFreeport workers. "This in turn would increase the attractivenessand competitiveness of the Freeport as aninvestment destination with a readily available pool ofhighly skilled manpower,” he added.