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Extracting More Value

1/17/2017

 
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Introduction

Philippines is endowed with huge metal reserves. Some areas in the country are already acquainted with mining and extraction of these metals and undeniably, we have local people who manufacture end products such as jewelries, steel products, etc.

Downstream industry in the country is already underway but it is losing pace because of several factors and challenges. Political support, fiscal policies, and effort to educate the public of its benefits on a national-level are needed to strengthen the weak link between the upstream and prevailing manufacturing industries. In this paper, downstream development strategies of other countries have been cited to serve as a basis in crafting and improving existing policies in the Philippines

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