Sofitel Brussels Europe, Belgium
December 14, 2022

President Ferdinand R. Marcos Jr. talked with the business leaders of Ocea to discuss investment opportunities on maritime industry in the Philippines during a meeting at the Sofitel Brussels Europe Hotel in Belgium.

Ocea is a French multinational company that specializes in maritime safety, security and navigation, as well as shipbuilding and integrated logistics support.

The company plans to develop a shipyard in the Philippines through an investment pledge during the Philippine-France Joint Economic Committee (JEC) meeting held last July 2021.

Bataan, Batangas, Pangasinan and Subic are among the identified locations for the building of the planned shipyard.

Ocea’s investment of PhP1.5 billion is expected to create 500 to 600 direct and indirect jobs.

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