Panay News

New law will help revive ‘dying’ salt industry – PCCI

-

THE Philippine Chamber of Commerce and Industry (PCCI) cheered the signing of a law that aims to strengthen and revive the country’s salt industry.

PCCI, the country’s largest business organizati­on, on Tuesday, March 19, said the newly signed Republic Act (RA) 11985, or the Philippine Salt Industry Developmen­t Act, would help revive the “dying” local salt industry.

President Ferdinand Marcos Jr. recently signed the measure, which states that appropriat­e technology and research, as well as adequate f i n a n c i a l , p r o d u c t i o n , marketing, and other support services, will be provided to salt farmers to improve the salt industry.

The law will also help the Philippine­s increase salt production, achieve saltsuffic­iency, and become the next exporter of salt.

“It is further the policy of the state to preserve, protect, and rehabilita­te the natural environmen­t in the actualizat­ion of its developmen­tal policies,” the law said.

With this, PCCI president Enunina Mangio expressed hopes that the new l aw will address the gaps in the implementa­tion of the ASIN Law, or An Act for Salt Iodization Nationwide, and create opportunit­ies for people, especially in rural areas.

“We are an archipelag­ic country with over 7,000 islands, yet we import more than 90 percent of our salt requiremen­t. It’s a sad reality that we need to collective­ly address through the effective implementa­tion of the law,” said Mangio.

The PCCI chief said the new law is expected to not only attract more farmers and producers to return to salt farming and production but also generate new investment­s and new technologi­es to elevate the industry and make it more competitiv­e.

The group said the local salt industry has the potential to generate 100,000 green jobs, especially in the countrysid­e, and save foreign exchange from i mporting 550,000 metric tons of salt every year, which constitute­s around 93% of the salt requiremen­t of the country.

The Philippine­s can also partake in the share of the world export of salt, which exceeded $ 2.59 billion in 2021, according to PCCI.

The law also states that the Philippine Salt Industry Developmen­t Roadmap will be formulated and establishe­d to ensure the attainment of its objectives, which are aligned with the objectives and continued implementa­tion of RA 8172 or ASIN Law.

Newspapers in English

Newspapers from Philippines