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TAIWANESE FIRMS, PHILIPPINE CO INVEST US$25.8 MLN IN SUBIC BAY.
(From Asia Pulse)
SUBIC BAY FREEPORT, Nov 18 Asia Pulse - Two Taiwanese and a Filipino firm are investing a total of US$25.8 million here.
Officials of the Taiwan Pao An Industrial Co. (TPA), Wood Center of Asia Inc., (WCAI) and Coin Chemical Industrial Co., Ltd signed a contract with Subic Bay Development and Management Center Inc. (SBDMCI) to establish their businesses at the Subic Bay Industrial Park (SBIP).
The contract signing was witnessed by Subic Metropolitan Authority (SBMA) Administrator Alfredo C. Antonio and Taiwanese Ambassador Hsin-Hsing Wu.
TPA, a leading producer of gas-related products, will invest some US$20 million for a …
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