P100-m research fund for PH Rise gets greenlight
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Congress has adopted a resolution to create a P100-million trust fund for scientific research, feasibility studies, marine exploration and procurement of new equipment to beef up research capability in the Philippine Rise. “Scientific surveys and marine explorations showed that the Philippine Rise is rich in marine resources and massive mineral and gas deposits which can help the country achieve energy sufficiency,” the resolution, written by Ilocos Sur District 1 Rep. Deogracias Victor Savellano, said.
Araja, R. N. (2018, February 12). P100-m research fund for PH Rise gets greenlight. Manila Standard, p. A1.
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Research; Financing; Feasibility; Surveys; Exploration; Marine resources; Continental shelves; Rights; Jurisdiction; Submarines; Maps; Conferences; Expeditions; Exploitation; Natural resources; Exclusive rights; Economics; United Nations Commission on the Limits of the Continental Shelf; Savellano, Deogracias Victor; Duterte, Rodrigo
- Manila Standard