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Because of its geographical configuration, composed of more than 7,000 islands, the Philippines is dependent on efficient water transport for its trade and commerce. Almost 98 percent of materials and products imported and exported by the Philippines are handled by the ports. The vital role of the Philippine ports as the essential interface between land and sea transport makes them catalysts of economic growth. Ports are the most economical means of moving goods and people; hence making investments in port facilities and infrastructure very attractive Current development efforts are centered on 42 ports nationwide, which have been identified by the Philippine Ports Authority in its master plan as crucial to economic development. These ports are slated for major development in infrastructures and landslide equipment to enhance their competitive global advantage. |
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