NEW Kinpo Group (NKG) CEO, Simon Shen, recently informed the Department of Trade and Industry (DTI) of its immediate plans for its Philippine subsidiary, Cal-Comp Philippines to produce 2.5 million medical-grade face masks and 1,000 ventilators solely for the Philippine market in light of the current COVID-19 crisis the country is facing.
DTI Secretary Ramon M. Lopez and Board of Investments (BOI) Managing Head Undersecretary Ceferino S. Rodolfo were briefed by NKG CEO Simon Shen in a recent video conferencing call arranged by MECO Director of Commercial Affairs and DTI’s Trade Representative in Taipei, Michael Alfred Ignacio. Mr. Shen informed the trade officials of his conglomerate’s decision to repurpose some of their facilities in Batangas and Laguna to produce 1,000 ventilators and 2.5 million medical-grade face masks every month, in order to provide much needed support for the Government’s fight against the pandemic.
Lopez also expressed deep appreciation upon learning from Mr. Shen, that the monthly production of 2.5 million face masks and 1,000 ventilators in New Kinpo’s Philippine based facilities are solely intended for the Philippine market, a big portion of which will be donated by the Taiwanese conglomerate to Philippine hospitals and agencies in the frontlines serving in the medical and civic fronts.
He assured New Kinpo Group of the DTI and BOI’s full support and dedicated officials to immediately facilitate New Kinpo’s regulatory compliance with all concerned government agencies to enable the quick transition of operations from their traditional businesses to the manufacture of PPEs and medical equipment.
Manila Economic and Cultural Office Chairman and Resident Representative Angelito T. Banayo also lauded New Kinpo Group.
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