The Philippines has about P1 trillion worth of untapped marine wealth that can be integrated into the economy, incoming socioeconomic planning secretary Ernesto Pernia said yesterday. In a keynote speech during a special joint meeting of the Makati Business Club and the US Philippine Society in Makati City yesterday, Pernia said having concrete knowledge of the country’s unutilized marine resources can strengthen its position in the territorial row with China.

Valencia, C. (2016, June 24). P1T marine resources remain untapped-Pernia. The Philippine Star, p. 10.