Balamban, Cebu 16 January 2013 President Benigno S. Aquino III led the official opening of Austal Philippines Shipyard operations located in Balamban, Cebu where he proudly stated that the Philippines has grown into the fourth largest shipbuilding country in the world and that in the coming months and years, the Filipino work force will be highlighted continue reading : Official Opening of Austal Philippines Shipyard Operations