Philippines entices Boeing suppliers
Philippines - Boeing's aircraft component suppliers have been urged to set up branches in the Philippines as local electronics companies are already established suppliers to major aviation companies.
Trade and industry undersecretary Cristino L. Panlilio believed suppliers setting up shop in the Philippines would be able to reduce their cost and further benefit Boeing, Manila Bulletin reported.
The component suppliers based in Asia are currently in Japan, South Korea, Hong Kong, Taipei and Singapore.
He believed the Philippines had the capability and is currently helping to expand their aviation electronics business for exports to the US.
"We are talking to those who are expanding their business here and the new suppliers. We are talking to aircraft and electronics instrumentation of airplanes."
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