President Rodrigo Duterte said that his adviser for telecommunications Ramon “RJ” Jacinto has been looking for an investor to revive the National Steel Corp. (NSC).
He made the statement during his recent visit in Iligan City.
Duterte wondered if there was still hope for the Iligan City-based NSC.
“Is there no hope for steel mill? What a pity and a waste for it to shut down,” he said.
“A person has actually approached us regarding that, RJ Jacinto, and I waited for him but nothing happened. He was looking for a financier,” the President said.