THE 10-year shipyard plan has been inaugurated for the shipping industry to be connected to an increase in shipbuilding and repair yard capacity, reports Manila's Business.
The philippines Department of Transportation (DoTr) declared that Planning and Project Development Undersecretary Timothy John Batan met with Maritime Industry Authority (Marina) officials on November 18 to discuss the 10-year Maritime Development Plan.
The plan also calls for technology upgrades, the development of shipping and maritime tourism routes, the improvement of maritime education, and upgrades to safety, security and environmental protection practices.
'Updates are currently being undertaken by the Marina to align with the eight-point priority economic agenda of the Marcos administration,' said the DoTr.
The 10-year plan is expected to be fully implemented in 2028 to elevate the industry's contribution to gross domestic product to PHP1.44 trillion (US$2.4 million) from PHP720 billion.
On November 13, Marina announced that it signed a memorandum of agreement with France to strengthen the shipping industry.
Under the agreement, the French government will deploy a maritime expert to the Philippines to provide technical assistance, training, and consultancy services.
'Philippine registered vessels stand at about 29,974, comprising 4,114 large merchant vessels and 25,860 motor bancas/boats and fishing bancas/boats. Of the merchant fleet, passenger ships number 11,898. Excluding the pandemic years, over 72 million passengers per year were carried by sea vessels,' said Marina.
SeaNews Turkey
The philippines Department of Transportation (DoTr) declared that Planning and Project Development Undersecretary Timothy John Batan met with Maritime Industry Authority (Marina) officials on November 18 to discuss the 10-year Maritime Development Plan.
The plan also calls for technology upgrades, the development of shipping and maritime tourism routes, the improvement of maritime education, and upgrades to safety, security and environmental protection practices.
'Updates are currently being undertaken by the Marina to align with the eight-point priority economic agenda of the Marcos administration,' said the DoTr.
The 10-year plan is expected to be fully implemented in 2028 to elevate the industry's contribution to gross domestic product to PHP1.44 trillion (US$2.4 million) from PHP720 billion.
On November 13, Marina announced that it signed a memorandum of agreement with France to strengthen the shipping industry.
Under the agreement, the French government will deploy a maritime expert to the Philippines to provide technical assistance, training, and consultancy services.
'Philippine registered vessels stand at about 29,974, comprising 4,114 large merchant vessels and 25,860 motor bancas/boats and fishing bancas/boats. Of the merchant fleet, passenger ships number 11,898. Excluding the pandemic years, over 72 million passengers per year were carried by sea vessels,' said Marina.
SeaNews Turkey