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                    [ArticleID] => 96257
                    [Title] => Samsung unit gets perks for P1.9-B plant
                    [Summary] => The Philippine Economic Zone Authority (PEZA) has approved the application of Philippine Samsung Electronics Corp. (PSEC), a subsidiary of the Korean electronics giant Samsung, to put up a new plant at Calamba Premier Industrial Park (CPIP).


PSEC has earmarked P1.91 billion to put up a new plant that will initially manufacture compact disc rewritable drives. The CD rewritable drives are intended for export to Asia, Europe and the US.


The PEZA approval entitles PSEC to duty-free importation of capital equipment, simplified customs procedures and other incentives.


                    [DatePublished] => 2001-02-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ELECTRO-MECHANICS

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                    [ArticleID] => 96257
                    [Title] => Samsung unit gets perks for P1.9-B plant
                    [Summary] => The Philippine Economic Zone Authority (PEZA) has approved the application of Philippine Samsung Electronics Corp. (PSEC), a subsidiary of the Korean electronics giant Samsung, to put up a new plant at Calamba Premier Industrial Park (CPIP).


PSEC has earmarked P1.91 billion to put up a new plant that will initially manufacture compact disc rewritable drives. The CD rewritable drives are intended for export to Asia, Europe and the US.


The PEZA approval entitles PSEC to duty-free importation of capital equipment, simplified customs procedures and other incentives.


                    [DatePublished] => 2001-02-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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abtest

Samsung unit gets perks for P1.9-B plant

By Marianne V. Go | February 27, 2001 - 12:00am

The Philippine Economic Zone Authority (PEZA) has approved the application of Philippine Samsung Electronics Corp. (PSEC), a subsidiary of the Korean electronics giant Samsung, to put up a new plant at Calamba Premier...

Business