House panel approves P100-M funding for PH Rise study

MANILA – A House of Representatives panel has approved a resolution seeking a PHP100-million budget allocation to fund the extensive survey mapping and exploration of the Philippine Rise, formerly known as Benham Rise or Benham Plateau.

In a statement issued Tuesday, the House Committee on Foreign Affairs, chaired by Isabela Rep. Ana Cristina Siquian Go, approved House Resolution 45 calling for PHP100 million in funding for the survey mapping of the undersea region, as well as marine exploration of its mineral deposits as an alternative source of energy.

The resolution also sought to rename the region as “Philippine Northeast Continental Shelf” to mark the proprietary right of the country over the area.

Philippine Rise is a 13-million-hectare undersea region approximately 160 nautical miles east of Luzon and off the coast of Isabela and Aurora.

In 2012, the United Nations Commission on the Limits of the Continental Shelf ruled that Philippine Rise is part of the country’s extended continental shelf.

According to HR 45, initial marine explorations and scientific surveys revealed that the Philippine Rise is rich in marine resources and has massive mineral and gas deposits that could help boost the country’s energy sufficiency.

“With the inclusion of (Philippine Rise) as part of the Philippine territory resulting in an increase of our marine area, it is inevitable that our existing map is amended and a looming need to exactly identify the area for reference and serve as raw data for investors to use,” the resolution read.

The resolution directs the Department of Science and Technology, Department of Environment and Natural Resources and Department of Agriculture to execute necessary measures and related activities for the survey mapping of the Philippine Rise. (PNA)

Popular

First Lady, Ayala execs discuss plans to boost PH creative industry

By Ruth Abbey Gita-Carlos | Philippine News Agency First Lady Liza Araneta-Marcos met with top executives of the Ayala Group to explore initiatives aimed at...

PBBM in action: Delivering aid, jobs, services nationwide

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. spent the past week bringing government programs closer to communities, aiming to...

PBBM seeks strengthened sports dev’t between PH, Olympic Council of Asia

By Brian Campued President Ferdinand R. Marcos Jr. has expressed the Philippines’ interest in improving cooperation on sports development with the Olympic Council of Asia...

Int’l Media Center in Cebu to open May 5 ahead of ASEAN Summit

By Brian Campued Understanding the media’s role in delivering timely, accurate, and comprehensive coverage of the 48th Association of Southeast Asian Nations (ASEAN) Summit this...