Section 4
SEC. 4. The Program shall cover the following phases considered necessary to attain the primary objectives to bring at least to pre-war level the production of abaca and other fibers, to reduce their cost of production in order to compete successfully with other hard fibers in the world markets, to achieve the desired level of abaca and other Philippine fibers exports, and finally, to maintain a well-balanced production and demand of abaca and other fibers: Production and distribution of planting materials to be disposed at nominal cost, for the rehabilitation of depleted plantations and expansion to newly opened areas; Improvement and operation of fibers extraction methods to reduce cost of production and improve the quality of the fibers; Development, establishment, promotion and operation of new industries using abaca and other fibers as raw materials: Provided, That no industry shall be established that will compete with existing industries and once an industry is made self-sustaining and profitable the same shall be turned over to the private enterprises, preferably cooperatives, upon payment of the cost of the machineries and equipment including all taxes, customs duties and other charges assessable and due at the tune of the importation of such machineries and equipment, if not exempted under existing tax laws and tariff regulations; Abaca and other fibers scientific, agricultural, Industrial and commercial research; Abaca and other fibers local and foreign trade promotion; and General administration.