Group backs DTI probe on increased cement importation

The Federation of Philippine Industries (FPI) is backing the Department of Trade and Industry’s (DTI) probe on determining the impact of increased importation of cements in recent years to the local cement manufacturing sector.

“FPI sees this action as a necessary response to the pressures and potential harm to the local industry posed by the surge of imported cement,” said FPI chairman Jesus Aranza in a statement.

Trade Secretary Ma. Cristina Roque’s issued a notice, pursuant to Section 6 of Republic Act No. 8800 or the Safeguard Measures Act, directing a preliminary investigation which will cover the importation of cement from the years 2019 to 2024.

The probe was triggered by several factors, including the continuous increase in cement imports from 2019 to 2023 —in 2020, it grew at 10%; in 2021 at 17%; and at 5% in 2023– and share of cement imports grew from 30% in 2019 to 47% in 2023 and 51% in January to June 2024.

The Trade Department also took note of the domestic cement industry’s sales decline from P79 billion in 2019 to P64 billion in 2023.

“FPI recognizes the DTI’s proactive approach as an essential step toward protecting domestic manufacturers and ensuring a level playing field for Filipino businesses,” Aranza added.

Aranza further said that by initiating the safeguards investigation, the Trade chief “demonstrates the government’s commitment to the welfare of local industries, which provide employment and economic benefits to the country.”

“The organization remains dedicated to working alongside the government to promote fair competition, job creation, and the long-term sustainability of Philippine industries,” he said.

FPI is an umbrella organization representing various manufacturing sectors in the Philippines.

—VAL, GMA Integrated News