The firm that takes over Hanjin Heavy Industries and Construction Co. Philippines should have enough working capital to revive the bankrupt shipbuilding company and settle its debts, a Department of Trade and Industry (DTI) official said.

Trade Undersecretary Ceferino Rodolfo said Hanjin’s ‘white knight’ would need $10 million per month to restore its regular operations, assuming the Korean enterprise would produce 8 vessels per year.

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