Mitsubishi to create more jobs through its participation in CARS program

In line with its P4.3B investment, Mitsubishi Motors Corporation (MMC) vows to create more employment opportunities in the Philippines.

 

JOB OPPORTUNITIES. Mitsubishi Motors PCorporation CEO Osamu Masuko announced in the press briefing that there will be employment opportunities for Filipinos through their participation in CARS program.

 

In a press briefing held regarding the Car Manufacturing Operations in the Philippines, MMC CEO Osamu Masuko expressed his determination to participate in the PH government’s CARS program. The Comprehensive Automotive Resurgence Strategy (CARS) program allows the automotive industry of the country to be competitive in ASEAN. With this program, the country’s auto industry will be able to create employment opportunities in the six-year program.

According to Mr. Henry Co of the Board of Investments, the time has come for PH to be participative in the ASEAN motor industry through its growing manufacturing capability. “It’s not just about trying to build a car, [but it is also because] of the capability to build jobs,” Co said.

Also, according to Masuko, this investment will not only contribute to the economic growth of the Philippines, but also to the expansion of employment since many parts suppliers will also be able to make new investments in the country.

“The Philippines is blessed with high quality of labor force, English ability indispensable for communication, and strong CARS program,” Masuko added.

In the first phase of the program, it is estimated to generate 700 new jobs. For its succeeding phase, it may need 3,000 to 4,000 people for the program.

According to Masuko, aside from jobs related to the automotive industry, there may be a need for I.T. related jobs in the future, if plans go well in the Philippines.