Exports of Sand and Gravel to Taiwan Pushed to Boost Trade
Exports of gravel and sand and meat products are two major products that are expected to boost the country's trade to Taiwan, the Philippines' fifth biggest trade partner.
Nic Bautista, deputy director of the commercial affairs Manila Economic and Cultural Office in Taipei, said the Philippines is the nearest source of gravel and sand for Taiwan, whose construction industry is still on the rise.
Taiwan even offers a $2 premium per cubic meter of imported gravel and sand.
Bautista quoted the Bureau of Mines of Taiwan, which placed its total requirement of sand and gravel at 10 million cubic meters. Of this requirement, 3.84 million cubic meters have been determined to be potentially source from the four sites in northern Luzon including Ilocos Norte, Ilocos Sur, La Union and Abra.
MECO commercial director Dita Angara-Mathay said the Department of Environment and Natural Resources is part of this arrangement because the investors have to seek an environment clearance certificate to dredge some rivers in northern Luzon.
As of May this year, the Philippines has exported 200,000 cubic meters of sand and gravel to Taipei. …