A memorandum of agreement (MOA) with the
The CDC began the execution of a new concept for industrial manufacturers here with the signing of the agreement.
The MOA was signed by Joontaik Jang, president of
Sambon is a manufacturer of electronic components, like speakers, earphones and headphones, and is a supplier for companies manufacturing electronic equipment, such as JVC of
Tugade clarified that the concept of supply chain is attached on the close by
He said he assured the former President that after the introduction, he will do the rest.
Sambon has a
Jang said that Sambon will initially invest
Jang said they finally chose Clark because of the people who showed them character and utmost hospitality in their no-nonsense business dealings.
Sambon will be situated on
In the meantime, Tugade said that after Ramos s introduction, several meetings were held with Sambon executives and CDC Vice President
Tugade said previous October, however, Sambon finally decided to choose Clark.
Tugade said, I am very happy because this is a contract that the negotiations started during my term as CDC president, and this means a lot to me since I will be introducing a new concept in Clark, the concept of supply chain .
You come to Clark, I will allow you to put up your suppliers around your area so you will have your supply chain. There is your airport in Clark and a seaport in
He said, You get a reputable manufacturing company and you will have your suppliers around and so you create a supply chain which is very important for manufacturing concerns .
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