Marcos: It's time for PH to prioritize maritime industry again

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President Ferdinand “Bongbong” Marcos Jr. underscored that it was high time for the country to give priority to the maritime industry again to consolidate its dominant position in the world of global shipping.

In his remarks at the Philippine Maritime Industry Summit 2023, Marcos stressed that the country, given its maritime history, can do more than it has already achieved globally.

The President’s pronouncement was timely as the Department of Transportation and Maritime Industry Authority highlighted the Maritime Industry Development Plan 2028 which covers eight priority programs for the sector’s development. According to Marcos, as of Dec. 31, 2022, there were nearly 16,000 registered domestic ships plying the nearly 1,300 inter- island shipping routes across the country.

In order to achieve the goal, the President encouraged all government institutions and key stakeholders to collaborate, cooperate to ensure the continued growth and development of the maritime industry, which he tagged as “an extremely important sector.”

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