ruben.maritime

MANILA 20 December – Shipbuilders in the Philippines have received government backing, with a new directive signed by the President to encourage employment in shipyards and protecting employers’ rights. Executive Order 588, signed by President Gloria Macapagal-Arroyo, seeks to strengthen the shipbuilding and repair sector by providing incentives for skills training under the country’s new investment programme. The presidential order was apparently sparked by Hanjin HI and Construction’s recent investment in a $1Bn yard in Subic Bay Freeport. The project is predicted to attract about 15,000 job opportunities. EO 588 also recognises shipyards’ rights to guard `trade secrets’ and urges them to adopt measures to protect building formulas, strategies and other controversial programmes and information. “There is a need to attract and maintain much-needed investments for the development of the shipbuilding and ship repair sectors in view of its significance to the country’s economic output … and its potential to open vast opportunities for employment and skills training for Filipinos,” the order said.

 

Etiquetas: international maritime affairs, shipbuilding

This entry was posted on jueves, diciembre 21, 2006 at 9:59 a. m.. You can skip to the end and leave a response.