MEETING WITH THE PRIVATE SECTOR. President Ferdinand R. Marcos (middle) during a meeting with the Private Sector Advisory Council at Malacañang on May 8, 2024. The PSAC lauded the modernization efforts of the Marcos administration in the infrastructure and logistics sectors, particularly the order to ensure the 24/7 port operations nationwide. (Photo courtesy of Presidential Communications Office)
MANILA – A private sector group lauded the modernization efforts of the Marcos administration on infrastructure and logistics sectors, noting that the country is poised to see “substantial improvements” in efficiency and economic growth.
Private Sector Advisory Council (PSAC) lead convenor and Aboitiz Group CEO and president Sabin Aboitiz said President Ferdinand R. Marcos Jr.'s directives mark a “significant step towards modernizing our infrastructure and logistics sectors".
He said Marcos’ directives would ensure 24/7 port operations and integrated water-related projects.
“The commitment to resolving road blockages and developing a comprehensive supply chain roadmap will further streamline our processes and reduce costs,” Aboitiz said in a statement.
The PSAC Infrastructure Logistics Subsector called for the creation of a comprehensive supply chain roadmap to reduce costs and address other issues such as price fluctuations, local policies, and toll fees.
“These strategic initiatives underscore the administration's commitment to enhancing infrastructure efficiency and economic resilience. The PSAC will continue to provide support and recommendations to facilitate these developments,” Aboitiz said.
During the 4th Infrastructure Sectoral Meeting at Malacañang Palace on Wednesday, Marcos emphasized the need for all ports to operate continuously with a full complement of personnel available around the clock.
The directive was addressed to the Bureau of Customs, the Department of Agriculture (DA) and other government agencies.
He also instructed the Department of Public Works and Highways to combine its flood control programs with other projects related to irrigation, water supply, and power generation. (PNA)
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