Doris Magsaysay-Ho, president and CEO of the country’s leading shipping firm Magsaysay Group of Companies, said in a presentation “Portropolis” at the 2022 Logistics Forum hosted by the Anti Red Tape Authority last Nov. 9 that the Department of Trade and Industry could adjust its plans to develop industry clusters that would bring economies of scale.
Trade and Industry Secretary Alfredo Pascual, according to Magsaysay-Ho, “has talked about clusters.” “We’re really excited about his idea to create clusters because the most important part about trade, the most important impact on cost of transport is scale,” she said. Port operations are especially crucial for an archipelagic country like the Philippines, Magsaysay-Ho said.
Source: News Formal (newsformal.com)
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