THE 10-year plan for the shipping industry will be anchored on an increase in shipbuilding and repair yard capacity, the Department of Transportation (DoTr) said on Monday.
The department said in a statement that Undersecretary for Planning and Project Development Timothy John R. Batan met with ofcials of the Maritime Industry Authority on Nov. 18 to discuss the 10-year Maritime Development Plan.
“Updates are currently being undertaken by the Marina to align with the eight-point priority economic agenda of the Marcos administration,” the DoTr said. On Nov. 13, Marina announced that it signed a memorandum of agreement with France to strengthen the shipping industry.
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