Cebu eyed as Asia's hub for armored vehicles
April 6, 2011
Manila Bulletin
MACTAN, Cebu, Philippines — A British company specializing in the manufacture of armored vehicles here for export to conflict areas worldwide is determined to position Cebu as Asia's hub for armored vehicles, with the firm investing $3 million to expand its existing site at the Mactan Export Processing Zone.
"The market for armoring business is growing dramatically,” said Finn T. Wattenberg, chief executive officer of British Armour Manufacturing International Inc. “Because of the pressing issues on terrorism and war conflicts, more institutions are having their cars armored.”
Wattenberg said after having successfully operating the company since 2005, it will be expanding its adjacent lot this year, which will bring in additional 8,000 square meters for operations to include test and research and development (R&D) facilities for the development and conceptualization of more designs and armored car products.
Currently, the firm sends finished vehicles to Germany where the existing testing facility is located to check on their quality before delivering them to customers.
In his talk with media, Wattenberg also discussed other expansion plans such as a showroom facility in Makati City in Manila which the firm shall utilize to showcase its products to foreign business travelers.
"The market for armoring business is growing dramatically,” said Finn T. Wattenberg, chief executive officer of British Armour Manufacturing International Inc. “Because of the pressing issues on terrorism and war conflicts, more institutions are having their cars armored.”
Wattenberg said after having successfully operating the company since 2005, it will be expanding its adjacent lot this year, which will bring in additional 8,000 square meters for operations to include test and research and development (R&D) facilities for the development and conceptualization of more designs and armored car products.
Currently, the firm sends finished vehicles to Germany where the existing testing facility is located to check on their quality before delivering them to customers.
In his talk with media, Wattenberg also discussed other expansion plans such as a showroom facility in Makati City in Manila which the firm shall utilize to showcase its products to foreign business travelers.
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