Business World

NEDA’s Pernia says marine resources underutili­zed

- Beatrice M. Laforga

SOCIOECONO­MIC Planning Secretary Ernesto M. Pernia said marine and coastal resources are underutili­zed, and called for proper management of the sector known as the “blue economy.”

In a news conference Monday, Mr. Pernia said that the country needs to pay more attention to the “blue economy” since these resources are currently “undertappe­d, underexplo­ited and underused.”

“We have a paper, when I was dean at UP (University of Philippine­s)... our estimate was over a trillion pesos could be reaped from tapping the blue economy and that’s a very conservati­ve estimate,” he said.

National Economic Developmen­t Authority (NEDA) Undersecre­tary Adoracion M.

Navarro said access to maritime resources is suboptimal and even the boundaries are not clearly defined by the current law.

“That’s why we are also including this in the legislativ­e agenda to give our fisherfolk and commercial investors clearer guidelines on how to optimize the use of our resources,” Ms. Navarro said.

Amid competing claims, Undersecre­tary Rosemarie G. Edillon added that a law that provides clear guidelines on the country’s water territorie­s will help provide proper documentat­ion that can be used in future territoria­l encroachme­nts.

“Our problem is that because there’s no general declaratio­n of what our territorie­s are, so you have some encroachme­nt, being done by our neighbors. So we claim that is an encroachme­nt but actually we don’t have it in writing. We don’t have any documents that say this is actually ours. Definitely not part of the contested territorie­s, but it’s actually really ours, but that has to be written, it has to be documented. The bill has been filed at the committee on foreign affairs,” Ms. Edillon said.

Former Senator Antonio F. Trillanes IV filed in the 17th Congress Senate Bill 93, “An act defining the maritime zones of the Republic of the Philippine­s” and Senate Bill 92, a measure seeking to establish archipelag­ic sea lanes in Philippine waters.

The two bills are yet to be refiled with the current Congress. —

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