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The Philippines Welcomes HHI Investment in Subic Bay

The President of the Philippines, Ferdinand Marcos Jr., has confirmed that South Korea's Hyundai Heavy Industries (HHI) is entering Subic, partnering with American investment company Cerberus, which recently acquired leasing rights to the former Hanjin Shipyard. HHI is set to utilize two dry docks for…

May 15th, 2024
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