Improving Inter Island Connectivity: RORO facilities are being increasingly popular in Philippines due to less time taken to transport by Ferry along with reduced cost by almost 30%. The logistics will see negative growth rate in the year 2020 due to complete lockdown and transportation of only essential commodities, but is expected to revive back in 2021. Cold chain industry is less affected with 26%increase in imports of pork and due to its perishable nature. The warehousing industry will see rotation of only essential commodities with reduction in Picking Revenues. Increasing demand of products through E commerce platforms will increase the demand for last mile deliveries and warehousing in Philippines.Ĭovid Impact on Logistics in Philippines: The Imports will fall from major trading countries such as China and Hong Kong affecting the road and sea freight volumes transported from other countries to port of manila and to other parts of Philippines.Metro Manila and Metro Cebu), but as well as in other part of the country such as Mindanao. DPWH and DOTr has been allocated PhP 458.6 bn and PhP 55.5 billion respectively to improve road transport not only in major urban cities (i.e.Philippines Board of Investments has provided incentives such as Income tax holidays for 3-6 years, 0% VAT for Cold chain companies to locate themselves in Less Developing Areas or 30 poorest provinces.06, 2021 (GLOBE NEWSWIRE) - Philippines News
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