Article: Ship repair facility to be built in GenSan.(Main Business)

Major fishermen's groups in General Santos City have banded together to put up their own ship repair facility with an investment of P 121 million to service repairs of their own fishing vessels.The Board of Investments has approved Signal Marine Shipyard Corp., the fishermen's corporate vehicle, project granting it tax and fiscal incentives. The project is scheduled to start commercial operation in May this year employing 44 people at the SAFI Shipyard compound in barangayTabler in General Santos City.In approving the project, the BOI said that the ship repair facility was a result of its domestic investment roadshow conducted in July last year in Saranggani. The project ...

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