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The Philippines set to take a share of the aerospace investments pie
- Monday | 23rd August, 2021
The Philippines is set to take a share of the aerospace investments pie after local automotive and aircraft parts manufacturer Daiwa Seiko received an Aerospace Standard (AS9100D) certification this week. AS9100 allows companies to transact with airlines, aerospace organizations such as NASA, and aerospace manufacturers and suppliers within the aerospace and aircraft industries. According to the Philippine Board of Investments (BOI), Daiwa Seiko’s certification is also a fruit of their aerospace quality management program. The Roadmap also targets $2.57 billion worth of aerospace parts and components exports by 2022 and the employment of 15,000 people by the same year. “Developing a pool of AS9100-certified parts suppliers is also key to attracting foreign aerospace companies to set up manufacturing operations in the Philippines,” BoI Executive Director Ma.
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