Firm eyes offshore MRO of ships in Aurora

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Under the cooperation deal, Apeco is allowing Amphibia to conduct a feasibility study within the Casiguran Bay and Casiguran Sound near the Philippine Sea for its potential business here.

THE Aurora Pacific Economic Zone and Freeport Authority , and Amphibia Marine and Subsea Services OPC signed a cooperation deal here on Friday for a potential offshore maintenance, repair and overhaul , and other services for vessels.Amphibia co-founder Joseph Gandeza Buscato told the Philippine News Agency here that the study usually takes five months to complete, and they will start the assessment at the soonest possible time.

Once Amphibia assesses that the location is viable for its business, Apeco and Amphibia are expected to sign investment and lease contracts as well as a memorandum of agreement, listing the firm as a locator within the nearly 13,000-hectare Aurora Pacific ecozone.Apeco President and Chief Executive Officer Gil Taway IV said the potential investment of Amphibia in the ecozone will create new jobs for the locals of Aurora province.

 

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