Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

PHL-US boat facility deal should integrate tech transfer — analysts

FACEBOOK.COM/USEMBASSYPH/

By Adrian H. Halili, Reporter

MANILA and Washington should integrate technology transfer mechanisms in their plan to put up two boat facilities near a hotly contested area of the South China Sea, analysts said.

The construction of a boat maintenance facility in Palawan may only be beneficial to the Philippines if there was a technology-transfer mechanism in place, Michael Henry Ll. Yusingco, a fellow at the Ateneo de Manila University Policy Center, said.

“This move will only be beneficial to us, in terms of enhancing our maritime defense capability, if there is an embedded technology-transfer mechanism in place. This should involve both technical hardware and know-how,” Mr. Yusingco said in a Facebook Messenger chat.

He added that the proposed facility should elevate the Philippines ship-building industry.

“This has to be part of our self-reliant defense posture agenda. Simply put, this cannot be a simple and straightforward lease arrangement only,” he said.

Last week, the US Embassy in Manila confirmed that the Philippine government has approved the construction of two separate boat maintenance facilities in Oyster Bay and Quezon town, Palawan province.

Quezon, a seaside municipality, lies a little over 200 kilometers from Second Thomas (Ayungin) Shoal — the site where the grounded BRP Sierra Madre serves as a military outpost; while the Naval Detachment Oyster Bay functions as a staging area for vessels, contracted by the Armed Forces of the Philippines for its rotation and resupply missions to the BRP Sierra Madre.

“The boat maintenance facility in Palawan is a major project that should not be missed due to its strategic importance,” Chester B. Cabalza, founding president of Manila-based International Development and Security Cooperation said in a Messenger chat.

The facilities are expected to provide repair and maintenance capabilities for several small Philippine military watercraft and include two multi-purpose interior rooms suitable for equipment storage or conference use.

The Philippines and US, which are long-time treaty allies, are working together to bolster defense coordination amid increased Chinese assertiveness in the South China Sea, a key global trade route that is believed to be rich in minerals and oil deposits.

Mr. Cabalza added that the facility would also allow for the creation more reconnaissance and other interoperable requirements for Manila and Washington’s coast guard and navy to strengthen their joint maritime patrol in the South China Sea.

“That is auspicious for Philippine law enforcers and maritime actors since Palawan is eyed by China for their illegal possession,” he said.

The Philippine government has been seeking more foreign defense deals with countries outside its traditional allies, like Japan, Australia and Canada, amid its ongoing sea dispute with China.

Philippine forces have repeatedly sparred with Chinese ships and aircraft in the South China Sea due to competing claims in the area, where more than $3 trillion worth of trade passes through each year.

A United Nations-backed tribunal based in The Hague in 2016 voided China’s claim to more than 80% of the South China Sea, for being illegal.

    You May Also Like

    Finance

    Padel continues its meteoric rise, with more than 3,200 new clubs built globally in 2024 – the equivalent of one opening every two and...

    Stock Markets

    STOCK PHOTO | Image by Vecstock from Freepik By Ashley Erika O. Jose, Reporter THE P31.55-BILLION unsolicited proposal of ComClark Network and Technology Corp. for...

    Finance

    Emma Gilthorpe, chief executive of Royal Mail, has stepped down from her role after just over a year in the job, marking the first...

    Finance

    The UK jobs market posted a modest rise in new job adverts last month, suggesting early signs of resilience despite economic headwinds and growing...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.