Supplying 99% of the Philippines’ natural rubber production, Mindanao has been positioned as the country’s new rubber product manufacturing hub in this year’s Philippine Rubber Investment and Market Encounter’s (PRIME) conference held recently in Davao City.
Spearheaded by the Department of Trade and Industry (DTI), in collaboration with the Philippine Rubber Industries Association (PRIA) and the Department of Agriculture (DA), PRIME 2015 aims to push further the development of the Philippine Rubber Industry by building a nationwide strategic alliance among industry stakeholders. It also intends to serve as a platform to launch the manufacturing resurgence program for the rubber industry by positioning regions in Mindanao as new hubs for rubber products manufacturing.
DTI-9 Regional Director and National Coordinator for Rubber Industry Cluster Dr. Sitti Amina M. Jain said one of the areas being eyed is the Zamboanga City Special Economic Zone Authority and Freeport (Zamboanga Ecozone).
“Zamboanga Peninsula is the country’s number one rubber-producing region translating to almost 40% of the total natural rubber production. We are looking at Zamboanga Ecozone as a good destination for rubber product manufacturing because they have incentives that will attract our potential investors," Jain said.
Experts from the Philippines, Singapore, Malaysia, and India shared valuable inputs about the industry, and 750 participants came from rubber growers/producers, processors, national government agencies, the local government units (LGUs), financing institutions, manufacturers, traders/exporters, Philippine Rubber Industries Association, Inc. (PRIA) members, and local and international non-government organisations (NGOs).
Department of Trade and Industry | Philippines
4 November 2015