THE government should further intensify its campaign to encourage private sector infusion into the Strong Republic Nautical Highway (SRNH) project.

“The private sector should not only invest on construction and acquisition of ro-ro vessels, but also on terminals and ports, warehouses and even industrial zones,” said Marita Jimenez, Office of the President’s Priority Programs and Official Development Assistance Projects Secretary, at last week’s SRNH Conference facilitated by the Philippine Chamber of Commerce and Industry at the Hotel Intercontinental.

According to her, some business people in Bataan still hesitate to fork out funds for the project because the facilities required to accommodate ro-ro ships are insufficient.

You May Also Like

CMA CGM launches new Asia-Fiji-New Zealand service

France-based CMA CGM Group will launch a new service connecting Asia, Fiji Islands and New Zealand effective July 18. MA CGM said the ANZEX…

OOCL wins ‘Ship Operator of the Year’ at Lloyd’s List Awards, Asia 2011

OOCL has been awarded the ‘Ship Operator of the Year’ at the Lloyd’s List Awards, Asia 2011 presentation ceremony held on October 26, 2011…

Japanese carriers gain from bulk cargo, lose from box lines

Japan-based Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK), and Kawasaki Kisen Kaisha (“K” Line) have released official reports on their financial performance for…

Marina insists PCG encroaching on its territory

THE Maritime Industry Authority (Marina) claims the Philippine Coast Guard (PCG) is encroaching on its duties and functions under the proposed implementing rules and…