Lorenzana suggested that the government could be a minority owner while a private company could be a majority owner of the facility. “I think the government can be a minority owner, and the majority owner will be a civilian company,” he added. Meanwhile, Senator Panfilo Lacson suggested that the Philippine government take over Hanjin first and then just bid it out to private companies as partners. ADVERTISEMENT“We cannot take over totally the entire Hanjin, a portion probably, the Navy can take over,” Philippine Navy Vice Admiral Robert Empedrad said. /gsgRELATED STORY: Government takeover of Hanjin eyedRead NextLATEST STORIESMOST READ

Source: Philippine Daily Inquirer January 16, 2019 06:59 UTC