The Federation of Philippine Industries (FPI) expressed support to the Department of Trade and Industry’s (DTI) initiation of a preliminary investigation on the dumping of imported cement the Philippines, saying this is a necessary response to the pressures and potential harm to the local industry posed by the dumped products.
In a statement on Wednesday, FPI chairman Jesus Arranza said the motu proprio investigation “demonstrates the government’s commitment to the welfare of local industries, which provide employment and economic benefits to the country.”
The DTI’s “proactive approach (i)s an essential step toward protecting domestic manufacturers and ensuring a level playing field for Filipino businesses. By initiating this safeguards investigation,” Arranza said.
Arranza said the FPI is committed to working with the government to promote fair competition, job creation, and the long-term sustainability of Philippine industries.
FPI cited the DTI’s findings which said imports increased continuously from 2019 to 2023, the increases are 10 percent in 2020, 17 percent in 2021 and 5 percent in 2023.
