It was during Marcos’s presidency that the International Rice Research Institute (IRRI) was established to serve as the focal point of research efforts in rice technology, not only for the country, but also for the rest of the world.
The different high-yielding varieties developed at IRRI soon changed the agricultural landscape in most rice-producing nations in the Third World, including our country.
As a result, the Philippines began exporting rice in 1977. After being a rice importer for many decades, the country was able to ship 15,000 metric tons of rice to Indonesia.
Since then, the country has been consistently exporting rice in varying amounts to such countries as Indonesia, Malaysia, Singapore, Vietnam, Brazil, Australia and Germany.
Since then, the country has been consistently exporting rice in varying amounts to such countries as Indonesia, Malaysia, Singapore, Vietnam, Brazil, Australia and Germany.
Aware that the agriculture-based economy could not compete with the emerging markets in Asia, President Marcos ordered on September 28, 1979 the implementation of the country’s 11 heavy industrialization projects and announced this before the University of the Philippines Law Alumni Association.
At that timetime, we were already on the way to NIC-hood status (newly industrialized country).
At that timetime, we were already on the way to NIC-hood status (newly industrialized country).