Friday, January 23, 2009 [ sunstar.com.ph ]
THE United Kingdom-based British Aerospace (BAE), a leading designer and manufacturer of aircraft interior products and solutions for commercial, business jet, and military aircraft markets, has expressed interest to put up a manufacturing facility in Davao City.
If pushed through, the company is expected to invest some $40 million for the manufacturing facility of galleys and other items for Airbus aircraft, the chief of the Board of Investments (BOI) in Mindanao reported.
In Tuesday's edition of the Business Forum at the Medispa at SM City Davao, Gil Dureza, BOI chief, said that BAE has considered Davao City as the only area in the country they are eyeing as a potential site for such investment.
"There are other four countries in Asia which they also consider. Philippines is one of the short-listed countries, particularly Davao City," Dureza said.
Dureza said BOI-Manila communicated with the BOI Mindanao only this week, seeking for assistance to accommodate the inquiries of the BAE regarding transportation and the presence of support facilities in the city.
The transportation will include matters on road networks, the typical costs and transit times for both passenger and freight services to nearest airport and seaport; airports, the distance of airport from the potential facility and details of the handling capacity of the airport; the seaports; and the shipping costs from the local seaport to the nearest seaport to Toulouse in France.
As to the presence of support facility, BAE inquired about the contact details and capacity of firms engaged in the manufacture of metal machine parts, fabricated metal parts, and electrical work. (JGRS)