Korean e-vehicle maker eyes manufacturing plant in Bacolod

Posted by watchmen
February 23, 2022

A potential partnership between Bacolod and one of Korea’s leading e-vehicle manufacturers is in the loom as top executives of Tai San Hitech Co. look to build their next factory in the city.

One of Korea’s leading e-vehicle manufacturers, Tai San Hitech Co., looks to build its next factory in Bacolod City. The company’s top executives visited the Bacolod City Government Center yesterday. (Bacolod City PIO photo)

Mayor Evelio Leonardia welcomed Tai San Hitech Co. president Kwon Sung Jin, vice president Tae-Soo Jeong and Manila-based partner Min Soo Kim during their visit at the Bacolod City Government Center yesterday.

“This is my first time in Bacolod and I immediately felt that this city is very active. We can see what it has done so far; Bacolod is growing and developing into the future,” Jin said.

The Korean investor said an acquaintance “strongly recommended” Bacolod as a prime candidate in their search for partners to house their manufacturing plant.

“I’m expecting that our electric tricycles will be successful here,” he added.

Leonardia, meanwhile, assured the group that Bacolod will always be open to new opportunities that will help bolster the city’s credential as the Most Business Friendly LGU outside of Metro Manila.

The meeting, he added, was also timely as the City Development Council continues to strengthen its Investment Promotion Program, a pillar aspect of the Bacolod Economic Recovery Plan that is aimed to rejuvenate commerce after it was momentarily hindered by restrictions and lockdowns caused by the ongoing COVID-19 pandemic.

“It is so encouraging because this is coming at the right time when we are transitioning from a very tight COVID society. This will be a big thing for us and this is going to bridge the city to a post-COVID situation,” the mayor said, as he once again reminded Bacolodnons not to be complacent despite the sharp decline of COVID-19 cases in the past weeks.

Jin and his group also met with Central Negros Electric Cooperative Board of Directors president Jojit Yap and Bacolod Real Estate Development Corporation, represented by Director Rolando Corona, Jr. and port manager Josephine Solis.

“Thank you for choosing Bacolod. You could have been somewhere else, but you chose us. If your company grows here, Bacolod will also grow,” said Leonardia./WDJ


Leave a Reply

Your email address will not be published. Required fields are marked *