Czech companies keen on defense equipment supply to PH

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Czech defense and security companies are keenly eyeing the PH for the supply of their military hardware and equipment just in time for the government’s efforts to boost the country’s defense capabilities. ManilaBulletin

Czech Prime Minister Petr Fiala is currently in the country leading a top-level Czech business delegation comprising of 20 companies largely involved in arms production, agriculture, renewable energy, IT and communications, financial services, among others. The Philippine is part of the Czech business mission to select countries including Indonesia, Singapore, Vietnam, Kazakhstan, and Uzbekistan from April 15-25.

“We are a strong and reliable player in the defense industry, producing a range of military technologies from firearms to advanced radars,” the prime minister said in his message. On defense supply, Czech Chamber of Commerce President Vladimir Dlouhy noted that the security industry is Czech’s expertise that its firms have developed for a long time. Compared to military supplies from other countries, he noted that Czech is a member of NATO and their military equipment are already compliant with the NATO countries’ standards.

For its two MOUs, Smart Citi Teknologi President and CEO Mario Marcos, a second cousin of President Ferdinand R. Marcos Jr., said the first agreement formalizes the partnership of his Smart Citi Teknologi with Czech’s Tesla Technology for their Smart City project. Marcos expects the mining technology and equipment to be brought into the country in two months. He said they will be discussing with members of the Chambers of Mines of the Philippines.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Czech PM Fiala to strengthen bilateral, business relations during PH visitCzech Republic Prime Minister Petr Fiala on Sunday said he and his business delegation would strengthen the relationship with the Philippines and boost support for Czech companies in the country during his visit to Manila next week.
Source: CNN Philippines - 🏆 13. / 63 Read more »