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ENVIRONMENT Secretary Lito Atienza is confident that the
Investment Defense Force (IDF) that Malacañang has
activated will address security concerns being raised by
both local and foreign mining investors following recent
attacks in some of the mining projects in the
Philippines.
Atienza
said the government is seriously addressing the security
challenges being faced by some mining projects, even as
he stressed that these are only isolated cases.
“There
are some isolated cases of negative reactions to mining
projects but we are addressing these in a very committed
way. The President no less created an Investment Defense
Force, which is a specialized group to deal very
effectively on this matter,” he said.
Atienza
also cited the existence of a very active Mineral
Development Council (MDC) as a testimony of the
commitment of the Arroyo administration to address the
concerns and issues being faced by mining investors and
the industry in general.
He said
the MDC, a Cabinet-level body which he also heads, took
it with urgency to address the recent attacks made by
the New People’s Army (NPA) on certain mining assets,
where it also engaged the assistance of local
governments.
“We are
working with the companies and getting our people on the
ground move alongside the investors, and we’re getting
local governments that also do their share,” Atienza
said.
The
mining industry has earlier raised concern on the
security of mining projects in the country following a
series of NPA-claimed attacks on the Tampakan Copper
Project in South Cotabato, Apex Masara Project in
Compostela
Valley and El Dore in Camarines Norte.
The MDC
has immediately condemned these attacks, saying these
are acts to derail the government’s Revitalization
Program for the Philippine Minerals Industry.
In
February President Arroyo ordered the Armed Forces to
create an IDF to give a protective shield to power
assets, other infrastructure and minerals-development
projects.
Atienza
is currently in
Singapore
for the Asia Mining Congress 2008, where he is also set
to deliver a keynote speech and talk on key developments
in the industry, including the recent policy reforms and
the headways made by the government since launching its
revitalization program for mining.
Owing to
the vast mineral resources of the country, the
government has been encouraging mining investments to
boost the economy and help alleviate poverty,
particularly in the countryside. It is looking at
generating $10 billion (worth of) investments from the
sector by 2010. |