Exciting news for Misamis Oriental! Korean investors are planning to build a modern facility in Villanueva, Misamis Oriental that will provide training, boat construction, and maintenance support for local fishermen. The plan was discussed in a recent meeting with Governor Juliette T. Uy and Villanueva Mayor Julio Uy and will still be presented to the Government of South Korea for approval and support. The investors have already identified two possible project sites, and if approved, the initiative could help modernize the local fishing industry through cooperation between South Korea and the Philippines.
The Korean group is composed of representatives of the Korean Marine Equipment Research Institute (KOMERI) led by Center Leader Lee Nyung Won and Korean investors including Kim Sung Yoon of the Fire Insurers Laboratories of Korea (FILK), along with Lee Gil Yong, Lee Ju Yoon, and Kim Dy Youl. The proposed project aims to develop stronger and more durable fishing boats using advanced Korean shipbuilding technology.
Below are some photos during the meeting.
A perspective of the proposal was presented.
The Korean investors also conducted visit to potential locations of the facility.
all info, images by MisOr PIO, Governor Julliete Uy
Below is a clear rendering of the proposal (enhanced by AI).
Keep posted.
