Two Chinese shipbuilding firms are interested to take over the Philippine business of the Hanjin Heavy Industries & Construction Co., Ltd. (KOSE:A097230), a government official said as the Duterte administration steps in to help save the troubled investor in Subic. This was disclosed by Ceferino Rodolfo, managing head of the Board of Investments, to reporters on the sidelines of a press conference last week. Officials of one of the two firms will come in January 2019, while representatives of the other will take a look at the situation in February, he said. Further details, such as their names, were not disclosed. He did say, however, that one of them was one of the leading shipbuilding firms in China.