Click here to download.
The National Academy of Science and Technology, Philippines (NAST PHL) hails the filing of the Senate resolution calling for an inquiry on the country’s blue economy.
The Senate Resolution 1017, filed by Senator Juan Edgardo “Sonny” Angara, seeks to conduct an inquiry and investigation on the current policies and programs of the government regarding the Philippine blue economy. The “Blue Economy” refers to the country’s ocean-based economy, which includes aquaculture and capture fisheries, marine tourism, marine biodiversity, and shipbuilding among others.
The Resolution highlights the country’s maritime history and culture, dating back to the Malay migration through “balangays” during the ancient times and the Galleon Trade during the Spanish Era. It also mentioned the potential of the country’s maritime territories, which includes the West Philippine Sea and the Philippine Rise, which is believed to be rich in mineral and fisheries resources.
The National Academy of Science and Technology, Philippines (NAST PHL) reiterates its call to the government to develop the country’s “Blue Economy” during the Science Policy and Information Forum 2019: The Philippine Blue Economy last January 28, 2019.
The Forum is a part of the NAST PHL’s campaign to promote the development of the blue economy and calls on policymakers to include the blue economy agenda in their decision-making.
Emphasizing the potential of the blue economy for the country’s progress, NAST PHL President Academician Rhodora Azanza in her welcome remarks explained that there is a need to further expand the marine and aquatic related industries and resources in the Philippines. “It is time to awaken this sleeping giant that is the Philippine blue economy,” Azanza said.
Ms. Jane Desiree Andal of the National Economic and Development Authority (NEDA) added that a study of Azanza together with NEDA Director-General Ernesto Pernia and other marine experts revealed that a conservative valuation of the country’s blue economy is at a whopping P900-B. Andal added that this could be a potential game-changer in the country’s economic development.