Tag page - hanjin shipyard

The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives to the P17-billion US-funded Project AGILA, which seeks to redevelop and operate the Hanjin shipyard in the Subic Bay freeport zone.  In a statement, Tuesday, May 10, FIRB said the project was granted special...

The Philippines and the United States (US) celebrated the conclusion of agreements on the Subic Bay shipyard as it is seen to bring more opportunities for both nations. ( Photo courtesy of the Philippine Embassy in Washington, DC) Philippine Ambassador to the United States Jose Manuel Romualdez...

US firm Cerberus Frontier has completed the acquisition of the former Hanjin shipyard at the Subic Bay Freeport in Zambales, a “win-win” takeover especially for the Filipino people, according to the Department of Finance (DOF). At the reception in Washington marking Cerberus’ full takeover of...

Department of National Defense (DND) Secretary Delfin Lorenzana announced Wednesday, March 9, that there will be no impact on the country’s national security if the reported takeover of an abandoned shipyard in Subic Bay, Zambales by a United States private equity firm will push through. Overview...