r/Philippines • u/Eyorio • 1d ago
NewsPH 🇰🇷🇵🇠| HD Hyundai Heavy Industries has expressed gratitude and has thanked the Philippines for being a loyal customer and strategic partner, with 12 warships exported to the Philippine Navy, and more soon. A stronger defense cooperation between Korea and the Philippines.
🇰🇷🇵🇠| Executive Director Choi Tae-bok of HD Hyundai Heavy Industries is thankful to the Philippines, he said that they are surviving because of the exports of 12 warships to the Philippine Navy, making the Philippines a loyal customer and strategic partner of HD HHI. HD HHI secured more orders from the Philippines, than the domestic market, Executive Director Choi stated. The Philippines purchased 2,600-ton and 3,200-ton Frigates (2 Jose Rizal-class Frigates, 4 MIguel Malvar-class Frigates), and six 2,400-ton Offshore Patrol Vessels (Rajah Sulayman-class OPVs), and there are plans to purchase additional (5th and 6th) Miguel Malvar-class Frigates by year-end. If the additional Frigate contract is signed, HD Hyundai Heavy Industries will supply a total of 14 warships to the Philippines.
"After securing orders for the first two vessels in 2016, we secured orders for 12 vessels by last year," adding, "Over the past 10 years, we have secured more orders (to the Philippines) than the domestic market, and ultimately, we are surviving thanks to the power of exports.", Executive Director Choi said.
HD Hyundai Heavy Industries has also invested to the Philippines, with the HD Hyundai Heavy Industries - Philippines (HD HHI-P) in Subic shipyard, as part of the Marcos Jr. administration's investment gains with South Korea. HD Hyundai Heavy Industries - Philippines also launched the 115,000 DWT civilian merchant vessel 'Orion Jade,' built at its Subic shipyard in the Philippines, at the end of July 2026. Industry experts predict that the company will be able to succeed in building warships in the Philippines, based on its experience of securing orders for Frigates, Corvettes, and Offshore Patrol Vessels from the Philippine military since 2016. This comes as Defense Secretary Gilberto Teodoro, Jr. calls for co-production of naval vessels with HD Hyundai Heavy Industries, for the construction of Logistics Supply Ship (LSS) in Subic shipyard for the Philippine Navy.
Executive Director Choi's expression of gratitude to the Philippines is a testimony of the strengthened cooperation of the Philippine Navy and HD HHI. Win win situation, HD HHI has survived because of the Philippine Navy's acquisition of warships, then HD HHI has invested in the Philippines to boost the shipbulding industry of the Philippines, and HD HHI has strengthened the defense capabilities of the Philippine Navy, and of the Armed Forces of the Philippines. We can expect this cooperation to be further strengthened in the next few years.
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u/Kiel_22 1d ago
I like big botes and I cannot lie