Export council eyes 10 percent growth in Cebu thru 3-yr plan

The Export Development Council (EDC) has consulted Cebuano exporters on the drafting of the three-year Philippines Export Development Plan (PEDP) aimed at achieving a 10 percent export growth year-on-year.

The EDC, in coordination with the Bureau of Export Trade Promotions (BETP), is now preparing the PEDP 2011-2013, which will chart the strategies to increase the export revenue of the country, employment generation, and other economic activities as embodied in the Export Development Act. Both agencies are under the Department of Trade and Industry (DTI).

BETP Director and EDC Executive Director Senen Pelada said the regional consultation last Wednesday was meant to gather feedback from exporters on the development of the three-year trade strategy roadmap for the export industry. (PNA)