The Federation of Philippine Industries (FPI) expressed support for Department of Trade and Industry (DTI) Secretary Cristina Roque’s decision to launch a preliminary motu proprio safeguard investigation on cement imports.
FPI said Wednesday the investigation is a necessary step to address pressures and potential harm to the local industry amid the surge in imported cement.
“FPI appreciates DTI’s proactive stance in protecting domestic manufacturers and ensuring a level playing field for Filipino businesses. This investigation shows secretary Roque’s commitment to the welfare of local industries that provide jobs and economic benefits to the country,” said FPI chairman Jesus Arranza.
The DTI initiated the investigation in response to the continued influx of foreign cement overwhelming the Philippine market, a move welcomed by the Cement Manufacturers’ Association of the Philippines (CeMAP).
Local cement producers face intense competition despite an annual production capacity of 50 million tons, more than the national demand of 35 million tons.
A recent DTI report revealed that cement imports steadily increased from 2019 to 2023, with spikes of 10 percent in 2020, 17 percent in 2021 and 5 percent in 2023.
Vietnam remains the leading source of Philippine cement imports, accounting for 93 percent, followed by China and Indonesia, with shares of 1 percent and 5 percent, respectively.
Arranza said FPI is committed to working with the government to promote fair competition, job creation and the long-term sustainability of Philippine industries.
As an umbrella organization representing diverse manufacturing sectors in the Philippines, FPI advocates for policies that support local industries, promote fair competition, combat smuggling and illicit trade and contribute to the country’s economic growth and sustainability.
