The Philippines and Indonesia Collaborate to Strengthen Their Copper Industries
According to the Trade department, the Philippines and Indonesia will collaborate to strengthen their copper industries.
In a virtual meeting attended by officials from both countries, Trade Undersecretary and Board of Investments (BoI) Managing Head Ceferino S. Rodolfo said that Indonesia can help the Philippines in copper production.
This was echoed by BoI Executive Director Ma. Corazon Halili-Dichosa. “This will only be one of the many bilateral initiatives for the copper industry,” she said
The BoI added that Indonesian officials led by Randi Anwar, director of its Investment Coordinating Board, Ministry of Energy Director General Muhammad Wafid and Ministry of Industry’s acting head Bimo Pratomo “welcomed future collaboration and cooperation activities on the copper/mining industry to help each sides’ downstream copper industries.”
The BoI recently revealed the Leyte Ecological Industrial Zone master plan anchored on the copper industry.
Philex Mining Corp. President and Chief Executive Officer Eulalio B. Austin, Jr., added that other copper projects involved the Silangan project in Surigao del Norte, Tampakan project in South Cotabato and Kingking project in Compostela Valley.
“These projects could yield “economic progress not only for Mindanao but the country in general,” the BoI said.