Tag: Aguila Subic yard
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Marcos: Cerberus, Hyundai tie up to restore PH shipbuilding glory days
MANILA – The partnership between US equity firm Cerberus and South Korea’s HD Hyundai Heavy Industries in the strategically located Subic Bay will allow the Philippines to regain its footing in the global shipbuilding industry, President Ferdinand R. Marcos Jr. said Tuesday. During the announcement of the partnership in Malacañang, Marcos welcomed the two global…
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