Friday, July 3, 2009

British aircraft company eyes Mindanao for $40-M project

DAVAO CITY- BRITISH AEROSPACE (BAE) has trained sight on the Philippines and included Southern Mindanao in the short list of areas in Asia being considered as possible site for its $40-million manufacturing facility, an investment official said Tuesday.

BAE is a UK-based aircraft manufacturing and solution company. Gil Dureza, chief of the Board of Investment (BOI) in Southern Mindanao said BAE officials had already asked the British Embassy in Manila about the region.

Dureza said he was informed of this development by British embassy officials and his counterpart in Manila.

The company, he said specially wanted to find out the system of conveyances in the region - road network, airports, seaports, available support facilities, as well as shipping costs.

Dureza said BAE also inquired about specific companies operating in the region that manufacture parts, fabricated metal parts, loom and harnesses, electrical cable, plastics vacuum formed and composite and injection molding.

He said his office had recommended the HIJO international port in Madaum, Tagum City as one of the possible sites for the company's subject.

The port, which is owned by HIJO Resources Corp. has two operating berths with a total area of 25 hectares.

The other possible locations that the BOI had recommended, Dureza said, were Sta. Cruz in Davao del Sur, which is home to San Miguel Brewery and Digos City, where Japanese tile-maker Nakayama Technology Corp. has built a plant.

BAE is among the major player in the European air defense system. It manufactures aircrafts, including longest passenger aircraft-Airbus A380.

"They might have known Davao from the (sales) hype we conducted in Europe. Last year, we had a lot of European visitors," he said.

As this developed, Dureza said the region continued to receive investment proposals, as foreign companies that had put up their facilities here had been successful.

He cited the case of the Dutch robotics company, HGG Profiling BV, which manufacture steel cutting robots in its mini plant in Bajada here.

Dureza said the company had finish two machines due for testing anytime and had already received 12 orders from the Middle East and South America.

The machines, he said, were intended for use oil drilling and ship building.Dureza said there were also other investment leads for the region, including a motorcycle assembly project and a paper manufacturing venture.

Rizalene P. Acac and Judy Quiros, Philippine Daily Inquirer

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