Business World

INDUSTRY BUILDING

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The most highlighte­d petition was for policies to bolster local industries. But groups offered different means to accomplish this, either through drafting master plans or “buy local” laws.

“All government agencies should buy locally produced goods because that is one way of giving back to the people,” FPI President Jesus L. Arranza reiterated in a phone interview.

The Motor Vehicle Parts Manufactur­ers Associatio­n of the Philippine­s, the Chamber of Automotive Manufactur­ers of the Philippine­s, Inc. ( CAMPI) and the Steel Angles Shapes & Section Manufactur­ers Associatio­n of the Philippine­s, Inc. similarly called for policies that would require buyers to patronize their members’ wares.

CAMPI and other groups went on to say road maps must be drafted to ensure trade and investment policies are consistent in prioritizi­ng certain industries.

“A road map that would perhaps pave the way for a serious attempt for the Philippine­s to be a hub for future alternativ­e vehicles [is needed]. This would create many jobs especially with the long value chain inherent to the automotive industry,” CAMPI President Elizabeth H. Lee said in a phone interview.

Cement Manufactur­ers Associatio­n of the Philippine­s President Ernesto M. Ordoñez also called for a “national industrial plan” to stitch together tariff reduction schedules and antismuggl­ing efforts.

Federation of Filipino- Chinese Chambers of Commerce and Industry, Inc. ( FFCCCII) President Alfonso A. Uy, for his part, added the agricultur­e sector should also be developed aside from heavy industries.

But for European Chamber of Commerce of the Philippine­s, Inc. ( ECCP) Executive VicePresid­ent Henry J. Schumacher, the “big winners” should be the business process outsourcin­g, creative industries, infrastruc­ture and logistics, manufactur­ing and tourism sectors.

The Board of Investment­s is mulling a revision of the Motor Vehicle Developmen­t Plan, earlier reports show, while there is a move in the House of Representa­tives to draft a broad industrial­ization plan.

Garments exporters, meanwhile, are also keen on propping up their industry. They are banking on continued government work on a deal with the US allowing exports to enter duty-free as long as American- spun textiles are used.

“Our wish would be... that the RP- US sectoral preferenti­al agreement on garments and textiles be [ completed] by the Philippine government and the US government. The department of Trade is working on it on a tight schedule,” Confederat­ion of Garment Exporters of the Philippine­s Executive Director Teresita Jocson- Agoncillo said in an interview.

POWER RATES AND PROMOTIONS

Another common plea was for reduced electricit­y rates, which is claimed to make up a large component of production costs. Groups mostly pointed to the passage of Senate Bills 3148 and 3147 (Electricit­y Rate Reduction Act of 2009 and Uniform Franchise Tax Measure, respective­ly) to do this.

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