‘Maritime to triple contribution to economy’ 

The Maritime Industry Authority (Marina) has projected an exponential growth in the maritime industry’s contribution to the Philippine economy, with the implementation of the 10-year maritime industry development plan (MIDP).

Vice Admiral Narciso Vingson Jr., Officer–in-Charge (OIC) of Marina sees a very vibrant maritime industry, and forecasts a double or triple economic growth, as he laid down the MIDP 2019-2028, the first comprehensive effort to address the problems of the Philippine maritime sector.