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Face mask maker eyes $1 9-B Industrial Town in PH

INDUSTRIAL TOWN. Trade Undersecretary and BOI managing head Ceferino Rodolfo (second from left) and Medtecs International Corp. Ltd. chairman Clement Yang (third from left) meet on March 23, 2022 to discuss the expansion plan of the company in the country. Medtecs aims to develop an Industrial Town in the country, which can bring in investments worth USD1.9 billion. (Photo courtesy of BOI) MANILA - Face mask maker Medtecs International Corp. Ltd. aims to establish an Industrial Town in the Philippines that will produce electric vehicles, personal protective equipment (PPE), and integrated textile manufacturing. In a statement Wednesday, the Board of Investments (BOI) said Medtecs chairman Clement Yang and other executives met with Trade Undersecretary and BOI managing head Ceferino Rodolfo and other officials last week to discuss the expansion plans of the company here. Yang said the Industrial Town could bring in USD1.9 billion in foreign direct investments and around 125,000 jobs in

MEDTECS plans $1 9-B industrial town in Bataan

Taiwanese-headquartered Medtecs International Corporation has revealed plans of expanding its face mask production in the country by developing an industrial town with projected foreign direct investments of $1.9 billion, approximately P99 billion, that would address gaps in the Philippine textile s

Medtecs full-year profit surges to US$131 7m on economies of scale, higher sales

Medtecs full-year profit surges to US$131 7m on economies of scale, higher sales
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PH now produces 80M face masks, 3 2M PPEs monthly — DTI

(FILE PHOTO) Metro Manila (CNN Philippines, January 29) The Philippines has successfully ramped up its production for personal protective equipment or PPEs, with local manufacturers repurposing their capacities in response to the pandemic, the Trade Department says. ang mga manufacturers para kalabanin, para malabanan yung kalaban. In this case, ang kalaban natin, COVID, Trade Secretary Ramon Lopez said during a virtual briefing, noting the country used to experience a shortage in PPEs. [Translation: Like in wartime, manufacturers are refocused in order to fight the enemy. In this case, our enemy is COVID.] This led to local manufacturing firms from fields such as electronics and garments to repurpose their facilities and activities to create these. Now, the country is able to produce 80 million face masks and 3.2 million pieces of personal protective equipment per month.

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