Marcos: Govt working to ease logistics costs, link essential goods to ports
Philippine President Ferdinand Marcos Jr. has ordered transport and public works departments to improve logistics infrastructure to lower costs and better connect agricultural areas to ports. The initiative includes the development of the Subic-Clark-Manila-Batangas railway project.
Why it matters
Improving logistics is essential for economic growth and food security in the Philippines, directly impacting consumer prices.
MANILA, Philippines - President Ferdinand Marcos Jr. has directed the Department of Transportation (DOTr) and the Department of Public Works and Highways (DPWH) to enhance the country's transport system, develop an interconnected road network, and construct additional bridges in a bid to bring down logistics costs and connect agricultural production areas to ports and businesses.Department of Transportation (DOTr) Secretary Giovanni Lopez, for his part, gave assurances that the agency is modernizing and upgrading the country's transport system to facilitate the efficient movement of goods and products.Speaking at the launch of the United Parcel Service (UPS) Clark International Air Hub at Clark International Airport in Pampanga on Thursday, the President cited the vital role of an efficient logistics network in ensuring the seamless movement of essential goods for businesses of all sizes.'We all know the importance of getting all the items that we need, when we need them - the food…
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