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PIA Press Release
2009/06/03

Hanjin to hire additional 24,000 workers for Subic and Misamis plants

Manila (3 June) -- President Gloria Macapagal-Arroyo expressed elation after being informed by Hanjin Heavy Industries and Construction Corporation (HHICC) officials that the company would here an additional 24,000 Filipino workers for its Subic and Misamis Oriental plants.

At present, Hanjin Philippines, Inc. (HPI), HHICC's main office in the Philippines employs 16,000 workers.

As this developed, President Arroyo conferred the Presidential Medal of Merit on former Hanjin Philippines, Inc. president Jong Shup Shim for making HPI one of the world's largest ship building conglomerates and for his contribution to the shipbuilding industry in the Philippines.

Jong is also credited for influencing Hanjin Heavy Industries and Construction Corporation (HHICC), to put up a shipbuilding facility in the Subic Freeport Zone in Zambales.

The awarding was held at the Shilla Hotel in the island city of Jeju, South Korea at the sidelines of the ongoing 20th Anniversary of ASEAN and Republic of Korea Commemorative Summit.

President Arroyo lauded Hanjin's billion dollar investment in its subic shipyard, and additional multi-billion investment in a new facility in Misamis Oriental, for making the Philippines the fourth largest ship-builder in the world.

Jong estimated that the company would be able to manufacture $29-million worth of locally produced components for the first year and expressed confidence that this amount would increase to $57-million next year.

This, according to Jong will make the ships produced at the Hanjin shipyard in Subic, entirely and proudly Philippine-made. (PIA) [top]

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