Found these 2 articles regarding Chery's plans to assemble locally within the year. Click the links:

http://www.malaya.com.ph/apr25/busi2.html

http://www.mb.com.ph/articles/315506...production-hub

According to Malaya, the DTI is encouraging Chery to locate their production facility in...wait for it...Port Irene! This is supposedly to disperse industry away from MM and Laguna area.

Port Irene in Cagayan? Er ,wasn't that in the path of the last tsunami emanating from Japan (although we didn't feel it much, in the path nevertheless)? Also, aren't the road network and port infrastructure in CALABARZON already geared for such industry? Smells fishy to me...

The other thing is there is suspiciously no mention of local component sourcing (which is what DTI should demand pursuant to its mandate of industrial development), leading me to believe that they'll be screwing together CKD kits from China with no value added other than labor.

Chery reducing import duty on its cars, and DTI rewarding a powerful Cagayan family...are these the only benefits from this?

So many questions...