Business group backs DTI’s probe on cement dumping

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The Federation of Philippine Industries (FPI) expressed support for Department of Trade and Industry (DTI) Secretary Cristina Roque’s decision to launch a

The Federation of Philippine Industries expressed support for Department of Trade and Industry Secretary Cristina Roque’s decision to launch a preliminary motu proprio safeguard investigation on cement imports.

The DTI initiated the investigation in response to the continued influx of foreign cement overwhelming the Philippine market, a move welcomed by the Cement Manufacturers’ Association of the Philippines . A recent DTI report revealed that cement imports steadily increased from 2019 to 2023, with spikes of 10 percent in 2020, 17 percent in 2021 and 5 percent in 2023.

 

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