Will Marcos’ shipbuilding push deliver lasting capacity for Philippines?
The Philippines is expanding its West Cebu Industrial Park to bolster its defense and economy through shipbuilding. This expansion, the third under President Marcos, aims to increase the park's size to over 600 hectares. The move follows Marcos' visit to Japan, where discussions with Tsuneishi Group Corporation focused on their planned investments in shipbuilding, green maritime technologies, and advanced manufacturing within the Philippines, including expanding existing shipyard facilities. AI
