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Philippines Now Home to World-Class Luxury Yacht Builder at Aboitiz InfraCapital’s West Cebu Estate
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Philippines Now Home to World-Class Luxury Yacht Builder at Aboitiz InfraCapital’s West Cebu Estate
June 21, 2024
Crafting innovative, eco-friendly boats in Cebu
In its new facility in WCE, spanning over 6.3 hectares, CMII will manufacture the majority of future HH44 and HH52 orders. The HH44 model, hailed as the “Boat of the Year” for 2024 by Sailing World Magazine, offers eco-friendly cruising with optimized liveability, while HH52 boasts powerful lines and superior performance. Both models integrate parallel electric/diesel hybrid technology, a cabin-top solar array, and hydro-regeneration capabilities while sailing.
The production of these luxury yachts has already created 450 jobs and has the potential to generate up to 700, providing skilled employment opportunities in specialized fields such as lamination, carpentry, engineering, and electrical work.
Balamban’s status as the shipbuilding capital of the Philippines makes it an ideal choice for CMII’s offshore operations. The West Cebu Estate (WCE), backed by Aboitiz Group affiliates providing essential power, water, and construction services, is undergoing rapid transformation and attracting diverse businesses in automotive, electronics, manufacturing, and logistics sectors. This expansion strengthens WCE’s role in driving economic prosperity, propelling Balamban into a new era of industrial advancement.
Providing world-class services for future growth
Arthur Wang, President of CMII, expressed his enthusiasm for the partnership with Aboitiz InfraCapital Economic Estates, citing several factors that influenced their decision. “The quality of Filipino skilled workers at WCE surpassed our expectations, offering a superior alternative to our operations in China,” said Wang. He also commended the Aboitiz brand’s reputation for excellence, exceptional service, and communication, which made the negotiation process smooth and efficient.
Rafael Fernandez de Mesa, Head of AIC Economic Estates, echoed this sentiment: “The growing operations of CMII within WCE is a testament to the confidence industry leaders have in our capabilities. Our commitment to providing world-class infrastructure and services creates a thriving environment for innovation and growth. We are excited to support CMII’s journey and to see the positive impact it will bring to the community and the maritime industry.”
The comprehensive suite of world-class services, including top-tier power and water management by Aboitiz, aligns perfectly with our operational needs and significantly enhances our production capabilities. We are confident in the facility’s capacity to support our future growth.
West Cebu Estate is a hub of innovation and skilled Filipino craftsmanship, powering the global shipbuilding industry. Home to Cebu Marine Industries, a leading builder of luxury performance yachts under the prestigious Hudson Yacht Group brand.
Shaping the future of Cebu
WCE’s ongoing 39-hectare industrial expansion and the upcoming development of a 3.3-hectare central business district are set to attract a host of industries. These expansion areas are expected to create 14,000 new jobs, stimulating new opportunities in commercial centers, housing, transportation, and more. With its continuing industrial expansion, strong infrastructure support, and three-decade track record, WCE provides businesses with a strategic advantage for sustainable growth.
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