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    Hanjin ‘still inclined’ to keep
    $2-B investment in Mindanao
     
    By Mia M. Gonzalez
    Reporter
     

    HANJIN Heavy Industries Inc. has assured the government it is “still inclined” to keep its $2-billion shipyard project in the Southern Philippines despite what Malacañang called a “misunderstanding” with local officials, Press Secretary Ignacio Bunye said Monday.

    Bunye said in an interview with reporters that the assurance was relayed by Hanjin officials to Trade Secretary Peter Favila, amid government efforts to iron out the problem through an investigation by a Department of the Interior and Local Government task force with the help of Misamis Oriental Gov. Oscar Moreno.

    “We are happy to learn that Gov. Oscar Moreno is helping in the investigation. We expect a very credible investigation, which will bear out the root cause of these allegations and counterallegations. In the meantime, Hanjin has sent word through Secretary Favila that they are still inclined to stay despite these initial problems with the local government,” Bunye said.

    He said Favila relayed the message to him in a phone conversation that morning.

    Asked what the government would do to keep Hanjin in the country, since it only expressed an “inclination” to remain, he said: “We should understand that this is not a small investment. Hanjin belongs to the billion-dollar club and any decision to pull out would have a huge impact. But we’re given a ray of hope that this misunderstanding would be resolved.”

    He said potential big-ticket investors in the Philippines are expectedly keeping a close watch over developments on the Hanjin issue, which is why a fair and impartial investigation is necessary.

    Bunye appealed to the Senate, which is planning an investigation into the alleged bribery made by Hanjin on two town mayors  in Misamis Oriental, to “first give the investigating body a chance” to determine the veracity of the allegations.

    “So that there would be a fair investigation, it would be best if we could separate this from politics first. Let there be an impartial investigation of the charges and countercharges among the parties,” Bunye said.

    Bunye noted that Moreno would prove to be a “credible third party,” considering he is not only a former legislator but was also an investment banker.

    “He understands the importance of such an investment. I think he will try to balance the interests of all parties concerned....We believe that persons like Governor Moreno would really try to get to the bottom of this and come up with a solution that would benefit everybody,” Bunye said.

    Tagaloan Mayor Paulino Emano is claiming  Hanjin officials allegedly tried to bribe him with a P400-million supply contract to allow the shipyard project to proceed; Hanjin officials had written Moreno to complain that Emano and Villanueva town Mayor Juliette Uy had allegedly tried to extort money from them for the same reason.

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