The Philippines set to take a share of the aerospace investments pie
The Philippines is set to take a share of the aerospace investments pie after local automotive and aircraft parts manufacturer Daiwa Seiko received an Aerospace Standard AS9100D certification this weekAS9100 allows companies to transact with airlines aerospace organizations such as NASA and aerospace manufacturers and suppliers within the aerospace and aircraft industriesAccording to the Philippine Board of Investments BOI Daiwa Seikos certification is also a fruit of their aerospace quality management programThe Roadmap also targets 257 billion worth of aerospace parts and components exports by 2022 and the employment of 15000 people by the same yearDeveloping a pool of AS9100-certified parts suppliers is also key to attracting foreign aerospace companies to set up manufacturing operations in the Philippines BoI Executive Director Ma
The Philippines is set to take a share of the aerospace investments pie after local automotive and aircraft parts manufacturer Daiwa Seiko received an Aerospace Standard AS9100D certification this weekAS9100 allows companies to transact with airlines aerospace organizations such as NASA and aerospace manufacturers and suppliers within the aerospace and aircraft industries AS9100 incorporates ISO 9001 and includes other quality and safety requirementsFor companies AS9100 certification provides them with the following key benefits improved decision-making increases in efficiency strong supplier relationships making continual improvement a habit and reducing risksAccording to the Philippine Board of Investments BOI Daiwa Seikos certification is also a fruit of their aerospace quality management program Since 2017 BOI has been running the program for 18 companies including Daiwa Seiko to ultimately help them get the AS9100 certificationThe program consists of five modules 1 AS9100 Rev D Executive Overview for CEOs 2 AS 91002016 Awareness Seminar 3 Documentation Training 4 Training on Risk Management in the Aerospace QMS and 5 Mock AuditIn 2015 the Aerospace Industries Association of the Philippines rolled out the Philippine Aerospace Industries Roadmap which aims for the country to be a major hub for manufacturing of Original Equipment Manufacturers OEMs parts and allied services MRO for the global commercial aircraft industryThe Roadmap also targets 257 billion worth of aerospace parts and components exports by 2022 and the employment of 15000 people by the same yearDeveloping a pool of AS9100-certified parts suppliers is also key to attracting foreign aerospace companies to set up manufacturing operations in the Philippines BoI Executive Director Ma Corazon H Dichosa said in a statementTrade Secretary and BoI Chairman Ramon M Lopez said that as the global economy recovers from COVID-19 they aim for the Philippines to become a recognized manufacturer in Asia According to him the Philippines is already becoming an expert in aerospace and aviation manufacturing BOI leaves the decision to apply for certification to the companies but predicts that Daiwa Seikos certification will encourage them to follow suit It usually takes companies six months to go through the process of certification
