An efficient transport system fuels a free-flowing logistics supply which will eventually bring a range of economic benefits into full play, according to the Department of Transportation.
The transport agency said it is complying with the directive of President Ferdinand Marcos Jr. in keeping the supply chains — from products, information and finances — flowing unimpeded.
“If transport systems are efficiently functioning, it will translate into a well-oiled logistics system, and thus increase competitiveness of private business, while lowering cost of moving people and goods,” Assistant Secretary for Communications and Commuter Affairs Hector Villacorta said.
With a thick portfolio of transport projects, the DOTr is ensuring the efficient movement of people and goods through transport infrastructures on land, air, sea and rails.
Participants of the Transport and Logistics Forum 2024, organized by the Italian Chamber of Commerce in the Philippines, were also presented with various airport and seaport projects in the pipeline of the department.
Among the transport projects mentioned were the recently-turned over Ninoy Aquino International Aiport (NAIA) and the New Cebu International Container Port.
Development and upgrade of other airports and seaports accross the archipelago, meanwhile, ensure inter-island movement of supply chains and boosts regional economic activity and connectivity.
“These infrastructure investments will create job opportunities towards increase in business productivity and operations,” said Asec. Villacorta.