Finance Secretary Carlos Dominguez, Philippines, visits TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc.

June 14, 2017



Finance Secretary Carlos Dominguez, Philippines, visits TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc.

Finance Secretary Dominguez and THI President and CEO Mishima

Finance Secretary Carlos Dominguez, Philippines, visited TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc. (THI; location: Buanoy, Balamban, Cebu, Philippines 6041; President and CEO Akihiko Mishima) on April 5, 2017. He gained a deeper understanding of THI’s contributions to the community since its establishment in 1994, including job creation in Balamban of Cebu Island and our support of educational and medical institutions. Secretary Dominguez showed strong interest in the shipbuilding industry during the factory tour, asking questions about ship prices and the time required to build a ship.

At the end of the tour, Secretary Dominguez expressed his gratitude for our past contributions to the Philippines and indicated that he was very impressed.

TSUNEISHI SHIPBUILDING marks its 100th anniversary in 2017. In this spirit, THI also intends to provide support to the community.

TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc. (THI) is a joint venture between Japan-based shipbuilder Tsuneishi Group and the Aboitiz Group. The company is one of the top shipyards in the Philippines, and builds mainly 30,000 ton to 180,000 ton class bulk carriers. It employs over 10,000 people including the ones from the subcontractors.As THI has been providing various supports to the community, and contributing greatly to the economic growth and development of Philippines, especially in export business, since 2004, Philippine Economic Zone Authority(PEZA) has awarded THI Outstanding Export Business Prize, Community Project Prize, etc., for ten times.

Business: Shipbuilding
Established: September 1994
Employees: Approx. 10,000 (as of January 2017, including subcontractor employees)
Location: West Cebu Industrial Park-SEZ, Buanoy, Balamban, Cebu, Philippines 6041
Shipyard area: Approx. 1,470,000 square meters
Main facilities: Two slipways, one building dock, two floating cranes, etc.
Ship types delivered: Bulk Carriers, Pure Car and Truck Carriers, Tugboats

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