agriculture and imports of foreign agricultural products. Agricultural Sector
Agriculture make up the major source of
revenue for the government.
Income generator
Supporting industries
Requires low capital
Agro exports
Agriculture that we sell to foreign countries
(tea, coffee, tobacco, cotton, and cashew nuts) Philippines is also one of the world's largest exporter of rice, which make up 2.8 percent of global rice production. Industrial Policies
is its official strategic effort to encourage the
development and growth of all or part of the economy, often focused on all or part of the manufacturing sector. Industrial Policy is a document that laid down by government for implementing, regulating, promoting, developing and controlling the country's industry. aimed at improving the competitiveness and capabilities of domestic firms and promoting structural transformation. Objective
Increase the industrial production and thereby
enhance the industrial growth which leads to economic growth by optimum utilization of resources. Increase employment Philippine Industry Sectors
automotive, electronics, textiles, and food
processing responsible for 31.3 percent of Philippines' GDP Philippines has an advanced developed economy, with a GDP(PPP) of US$188.719 billion in 2010. Philippines economy still has a large agriculture, but is swiftly dominated by manufacturing and services. agriculture in Philippines is facing a decline in productivity. Although the industry employs about 33 percent of the total workforce, it contributes less than a fifth of the nation's GDP