Philippines eyed as aircraft parts hub

4:56:00 AM
MANILA, -- The Philippine government and the French aircraft firm, Airbus, are working to promote the Philippines as a hub for aircraft parts in the region, Malacanang said on Thursday.

The Palace said President Benigno Aquino 3rd sat down with leading French corporations with significant investments in the Philippines during his visit in Paris, France.

Airbus, it was learned, has been assisting the Department of Trade and Industry (DTI) in making the country the center of aircraft parts manufacturing and for maintenance, repair and overhaul services.

Aquino met with Pierre Jaffre, executive vice president for Asia Pacific, and Pierre Lanore, vice president for Philippines Airbus, and the two businessmen also pledged to continue to participate in the modernization program of the Armed Forces of the Philippines.

The Airbus officials also offered newly designed aircraft for disaster management.

The President also met with Schneider Electric, which offered several innovations in energy conservation that could substantially cut power consumption, along with other energy solutions for various major power plant projects all over the Philippines.

Schneider has been in the Philippines since 1995, with four manufacturing facilities employing nearly 3,000 workers. It also operates a shared services center for human resources and finance.

Another company, Teleperformance, a leader in the business process outsourcing (BPO) industry, also met with Aquino.

Daniel Julien, board chairman and founder of Teleperformance, told the President his company plans to double its existing workforce of 26,000 to 50,000, saying the Philippines is a strategic location for the companies they serve in the US, the UK and Canada.

Julien commended the Filipino workers of Teleperformace, describing them as “in-country heroes” on account of their exemplary work ethics and well-developed skills.

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