Taguig City, Metro Manila, Philippines (AHN) – The British Embassy in Manila announced on Monday that the firm B/E Aerospace selected the Philippines as the site of its aircraft cabin interior facility.
The Philippines was selected from 32 possible sites worldwide.
British Ambassador Stephen Lillie disclosed B/E Aerospace will initially invest $30 million to set up the plant that will manufacture galleys for the Airbus A340 XWB wide-body aircraft. The facility is expected to create over 300 new jobs.
Lillie said the finished galley units will be shipped to France where the Airbus A350 will be assembled.
B/E Aerospace is the number one producer of aircraft cabin interior products and aerospace fasteners and consumables. Its cabin interior deal is part of B/E Aerospace’s multibillion contract with Airbus Industries.
Lillie said the entry of B/E Aerospace indicates the Philippines could also compete globally in manufacturing, not only in services which the country has been known for. He encouraged the Philippine government to initiate pro-active measures to create a more attractive investment climate to entice more manufacturing projects to set up plants in the country.