Local shipbuilding boosted with Hyundai’s launch of Phl-made vessel
The first of a four-vessel order, the Orion Jade marks the official start of HD Hyundai’s full-scale shipbuilding operations in Subic.
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The first of a four-vessel order, the Orion Jade marks the official start of HD Hyundai’s full-scale shipbuilding operations in Subic.
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HD Hyundai marked a major milestone in its investment commitment in the Philippines with the launch of the Orion Jade, the first vessel constructed at its Subic shipyard and the first ship built by HD Hyundai Heavy Industries Philippines (HHIP).
The first of a four-vessel order, the Orion Jade marks the official start of HD Hyundai’s full-scale shipbuilding operations in Subic.
Measuring 250 meters in length, 42 meters in breadth, and 21 meters in depth, the vessel showcases the world-class shipbuilding capabilities of HD Hyundai’s Subic facility.
Historic milestone
“Today’s launching marks a historic milestone for HHIP. It’s the third time we have transformed our vision into reality, and today we proudly celebrate another important step in our journey. I would like to express my sincere appreciation to the Philippine government, Subic Bay and Metropolitan Authority, our customers, business partners, contractors, suppliers and everyone who has supported HHIP,” HHIP president Im Dae Jun said.
Investment czar and Finance Secretary Frederick Go welcomed the vessel’s launch as proof that the government’s efforts to attract strategic investments are translating into tangible economic gains.
Administration’s efforts to attract strategic investments
“The launch of the Orion Jade is a testament to the Marcos Jr. administration’s efforts to attract strategic investments and ensure that these commitments materialize into projects that generate quality jobs, strengthen our industrial capabilities, and create meaningful economic opportunities for Filipinos,” he said.
Secretary Go added that HD Hyundai’s investment is expanding employment opportunities in Subic and neighboring provinces.
“I understand that there are almost 4,000 jobs created here, and very soon that number is expected to double. Thank you for boosting our industrial capabilities and for providing employment to thousands of Filipinos. Thank you for trusting the skills of the Filipino workforce. We look forward to your continued expansion here in Subic,” he said.
Hyundai-TESDA partnership
Beyond job creation, HD Hyundai is partnering with the Technical Education and Skills Development Authority to help develop the skilled workforce needed to support the country’s growing shipbuilding industry.
The partnership aligns technical and vocational education with industry requirements, equipping Filipino workers with in-demand skills while strengthening the long-term competitiveness of the sector.
The launch marks the continued fulfillment of HD Hyundai’s investment commitment to the Philippines.
