PART 5 of 6: FARMS FOR SLUMS PROGRAM
13) Sixth LME industry: Marine aquacultures. An LME type joint venture leases 3,000 hectares of Philippine sea shallows and installs artificial reefs upon the bottoms. Artificial reefs are thin concrete tubes tied onto pyramidal frames that rise six to ten meters above the sea bottom. The reefs become home to thick populations of all manner of fishes, crustaceans, bivalves and other sea creatures. The innumerable crevices within the artificial reefs becomes hiding places for all species, enabling all young to survive predators from a low of 1% in nature to up to 20% with copious artificial reefs. This means tons of seafood ingredients and millions of dollars in export sales for the joint venture. The foreign partner (Japanese, Korean, Coastal Chinese, Western) provides the bank contacts that finances work boats, refrigeration and fish processing facilities, submerged cages, breeding facilities, diving equipment, and other necessities. A third of artificial reefs must be considered breeding reserve, never to be harvested. Only dive tourists may be allowed onto the reserves. If most of the Philippines’ 200 million hectares of seas become aquaculture farms with diving resorts, tens of billions of dollars will add to the Philippine masses’ wealth on monthly basis.
14) Seventh LME industry: mini-hydropower plants. The Philippines has 130 major rivers all fed by upland streams that flow from mountains averaging 1,500 meters in height. Most of the streams dry up during the dry season because the mountains are mostly bald. An LME type joint venture may lease an upland area with a stream net and reforest the entire area to ensure year-round water for the streams. A chain of watersheds with mini-dams may thence be built to generate megawatt-level electric power. Power gets sold to the rising number of rural industries previously described. Since it takes years to reforest bald uplands, the joint venture may set up a livestock project as previously described to earn short term income. Multiply this scheme several hundred times all over Southeast Asia (which has thousands of rivers) and we employ millions of Asian poor. The power chains will tend to create rural industries in a region where 40-60% of populations crowd into cities. Obviously the Philippine masses who start and manage such industries will gain billions of dollars monthly.
15) Eighth LME industry: manufacture of machinery parts. The Philippines has over 200 million metric tons of nickel and chromate reserves, and around two billion tons of copper reserves. A little nickel and chromate added to low-priced imported carbon steel produces high-priced stainless steel and alloy steels that can be shaped into all manner of machinery parts. Additionally, copper production can be converted into wires that are the principal parts of electric motors, which powers all types of factory machines, elevators, and escalators. LME-type joint ventures may set up such industries. Partners may be 1st World manufacturers of electric furnaces, factory machinery, mini steel mills, and ore processing equipment. Of course the industries will channel more billions of dollars monthly to the Philippine employee masses.
16) Ninth to nth LME industries may be set up by 30,000 Philippine employee groups of 1,000+ members each (including Filipinos abroad) and their foreign joint venture partners. 30 million entrepreneurial brains and their allies should create endless ideas which the same brains as groups may implement at great profit for themselves and the resultant employed masses. The end result: perpetual flow of wealth among the Philippine masses.