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Hanjin Heavy Industries and Construction Philippines, also known as HHIC Phil, was a Philippines-based shipbuilding company established in February 2006 by Hanjin Heavy Industries and Construction of South Korea. In the same month, its first shipbuilding contract was signed for four container ships.
The company was founded as "Ansaldo STS" in 2006 through the merger of Ansaldo Trasporti Sistemi Ferroviari and Ansaldo Signal. [8] [9] It began trading on the Milan Stock exchange, with 60% of its shares publicly held and 40% owned by Finmeccanica S.p.A. [10] Both companies had their roots in the Ansaldo engineering conglomerate which was gradually absorbed by Finmeccanica.
In August 2012, the Chinese and Philippine governments agreed to "disengage" from the project, [58] although the Philippine government was still obligated to pay the corresponding loans. On November 6, 2017, DOTr, BCDA, and NLRC reached an out-of-court settlement with Sinomach (formerly CNMEG), resolving the five-year dispute.
[5] [6] [7] Since 2012, the Lopez Group's maintains a 3.95% interest (one board seat) in MERALCO. [8] Panay Electric Company (PECO) - First Holdings entered into a joint venture with the Panay Electric Company, Inc. (PECO) in March 1996 for the construction of a US 72 million diesel-fired power plant in Iloilo City. First Holdings acquired a 30 ...
A number of units of measurement were used in the Philippines to measure various quantities including mass, area, and capacity. The metric system has been compulsory in the country since 1860, during the late Spanish colonial period. [1]
The Philippine Railway Company, along with operating the Panay line, operated a line in Cebu from 1911 to 1942, when operations ceased because of the Japanese occupation of the Philippines during World War II. [51] The line ran from Danao south through Cebu City to Argao. [52] The line was built by the related Philippine Railways Construction ...
Regulation of airports and aviation in the Philippines lies with the Civil Aviation Authority of the Philippines (CAAP). The CAAP's classification system, introduced in 2008, rationalizes the previous Air Transportation Office (ATO) system of airport classification, pursuant to the Philippine Transport Strategic Study and the 1992 Civil Aviation Master Plan. [1]
LRTA Class 1000 being built in Bruges in 1982. The Metro Manila Transport, Land Use, and Development Planning Project (MMETROPLAN), a fourteen-month study conducted by Freeman Fox and Associates and funded by the World Bank, recommended the construction of a street-level (at-grade) light rail line in Manila and the proposed four lines that were included in the study that would run along Rizal ...