Financial Times FT.com

Manila aims to halt rice imports in three years

By Roel Landingin in Manila

Published: April 10 2008 03:00 | Last updated: April 10 2008 03:00

The Philippines is mounting an ambitious bid to achieve self-sufficiency in rice within three years as a policy of relying on imports to cover production shortfalls unravels amid tightening global supply and soaring world prices.

The government is hoping the Philippines, the world's biggest rice importer, will be able to halt imports by 2010 thanks to a spending spree on irrigation and farm support aimed at boosting production.

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