South Korean defence firms bid to set up production in the Philippines

From IHS Jane's 360 (Jun 12): South Korean defence firms bid to set up production in the Philippines

South Korean firearms manufacturers S&T Motiv and Dasan Machineries have proposed to establish production facilities in the Philippines to support bids to supply equipment to the Armed Forces of the Philippines (AFP).

Philippine Defence Secretary Delfin Lorenzana said in comments published in local media on 8 June that the two companies have proposed to establish facilities in partnership with the Philippines state-owned small arms producer, Government Arsenal.

The proposed programmes would include technology transfers to the Government Arsenal to support the localised production of firearms and ammunition for the AFP and law enforcement agencies. Lorenzana said the government is evaluating both proposals before a decision on the programme later this year.

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http://www.janes.com/article/80860/south-korean-defence-firms-bid-to-set-up-production-in-the-philippines