“[This Letter of Intent] will firm the maritime courting among the Republic of Germany and the Philippines. This document has been pending for some of years and after that, lo and behold after barely 3 months we are able to sign the letter of motive,” Tugade said.
According to Tugade, he and Odenwald met in advance this 12 months and had discussions on prospects and opportunities to “to expand and implement tasks of mutual pastimes, in particular within the fields of maritime, aviation, avenue shipping, among others.”
The German Chamber of Commerce in the Philippines launched a examine in 2016 stating that the maritime enterprise within the u . S . A . Is a main financial driving force and provides a number of task and investment possibilities, particularly in the construction sector.
“The maritime industry inside the Philippines is a chief driver for the country wide economic system. In addition to the strategic function of the Philippines, the archipelago not most effective provides a massive pool of certified and technical skilled seafarers however also gives a high stage of revel in inside the maritime discipline,” the study stated.
According to Tugade, he and Odenwald met in advance this 12 months and had discussions on prospects and opportunities to “to expand and implement tasks of mutual pastimes, in particular within the fields of maritime, aviation, avenue shipping, among others.”
The German Chamber of Commerce in the Philippines launched a examine in 2016 stating that the maritime enterprise within the u . S . A . Is a main financial driving force and provides a number of task and investment possibilities, particularly in the construction sector.
“The maritime industry inside the Philippines is a chief driver for the country wide economic system. In addition to the strategic function of the Philippines, the archipelago not most effective provides a massive pool of certified and technical skilled seafarers however also gives a high stage of revel in inside the maritime discipline,” the study stated.
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