TIM eMagazine Volume 2 Issue 2 | Page 15

TIM 2 TIM eMagazine eMagazine Vol.2 Vol.1 Issue Issue 5 M ANILA, PHILIPPINES -- The opening of a new maritime route within the Brunei Darussalam -Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) is expected to strengthen economic ties between the Philippines and Indonesia. A highlight of this new route is the roll-on roll-off (RORO) ferry service that spans the route Davao City-General Santos-Bitung, Indonesia launched last April 30. Inaugurated by Presidents Rodrigo Roa Duterte and Joko Widodo of the Philippines and Indonesia, respectively, this new sea linkage will provide a cheaper, faster and more direct and efficient avenue for trading goods among EAGA's key cities. The said route will be operated by M/V Super Shuttle RoRo 12 of Asian Marine Transport Corporation, with initially a weekly shipping service with a vessel capacity of 500 Twenty Foot Equivalent Units (TEUs). What makes this route much faster is that it takes only one and a half days travel time in contrast to the more tedious three week long Manila-Jakarta-Bitung route. Trade opportunities along this route abound, where to be exported from Mindanao to Indonesia include animal feeds, fertilizer, construction materials, ice cream products, poultry (halal), fresh fruits, and synthetics. Import items from Indonsesia comprise matured coconut, copra, corn, feed ingredients, lumber, cement, high value crops, vegetables, meat, peanuts, aqua products, charcoal, soya, coffee beans, and sugar. Not to be outdone are the opening up of more business and This new route will strengthen trade relations among its member countries since it supports the achievement of the goals of the other EAGA pillars with strong growth potentials such as agribusiness, tourism, and sociocultural and education trade opportunities on this route for traders and local busi- nessmen who are also vital in enhancing investments and even potentials for tourism. Secretary Datu Abul Khayr Alonto, chairman of the Mindanao Development Authority (MinDA) proudly noted that this new route will strengthen trade relations among its member countries since it supports the achievement of the goals of the other EAGA pillars. “This also includes other subsectors," said Secretary with strong growth potentials such as agribusiness, tourism, and sociocultural and education,” he added. Also expressing confidence was Department of Trade and Industr y (DTI) Assistant Secretar y Arturo Boncato Jr., who enthused that the RORO service is one of the priority projects of the BIMP-EAGA's connectivity group. “With the port facilities of Bitung having undergone great improvements and upgradements, and with Bitung now elevated as an international port, the sustainability of the route becomes more feasible as the Indonesian government has provided its full support to the link’s opening and operation. On another angle, this new route will truly enhance the competitive- ness of goods and produce from Mindanao while providing that efficient link for faster trade between Filipino and Indonesian businesses,” he proudly summed up. 15