Korean manufacturers eye Phl operations
MANILA, Philippines - Korean manufacturers of construction equipment are looking at producing the equipment in the Philippines given the availability of manpower and the country’s geographical location.

ASEAN (Association of Southeast Asian Nations) – Korea Center Secretary General Hae Moon Chung told reporters on the sidelines of an investment forum that some Korean firms are interested in investing in the Philippines for the manufacture of excavators and other related equipment.

“These companies are interested in looking at the market for construction equipment and some are looking at producing equipment in the Philippines,” he said.

Some 14 Korean firms are part of an investment forum organized by the intergovernmental organization ASEAN-Korea Center, which seeks to increase trade and accelerate investment flows in the ASEAN and South Korea.
Korean manufacturers eye Phl operations - The Philippine Star » News » Business