HD Korea Shipbuilding & Offshore Engineering intends to establish a manufacturing base for offshore wind structures at the Subic yard in the Philippines.
The Philippines has grand plans to build offshore wind farms in their country but requires solid infrastructure to make this happen. HD Korea Shipbuilding & Offshore Engineering is seeking to establish a manufacturing base for offshore wind structures by leasing land and facilities at the Subic yard, which is all good news for the Filipino offshore wind market. Furthermore, this is good news for the rest of the market in the region as the Philippines’ geographical location is strategic when looking at the APAC market. There’s no doubt that the Philippines has the potential to be a manufacturing hub for the offshore wind industry, and HD Korea Shipbuilding & Offshore Engineering is among those kicking this off.
Image Source: HD Korea Shipbuilding & Offshore Engineering
