UP, MMSU among four innovation hubs groomed by gov't
Under $400-M project loan from ADB

UP, MMSU among 4 innovation hubs groomed by gov’t

/ 02:20 AM February 22, 2024

MANILA, Philippines  The Department of Trade and Industry is currently looking at four local universities to host artificial intelligence (AI) research centers that will be funded by the $400-million project loan it is working out with the Asian Development Bank (ADB).

Trade Secretary Alfredo Pascual mentioned the University of the Philippines (UP) in Quezon City as one of the potential sites, as well as the Mariano Marcos State University (MMSU) in Ilocos Norte.

Pascual also said that they have a candidate university in Cagayan de Oro but declined to name the academic institution, while the fourth and final one will come from either Cebu or Iloilo.

Article continues after this advertisement

“These will host our industry 4.0 factories. These will also introduce new industry 4.0 technologies to our (micro, small and medium enterprises),” Pascual said during a roundtable discussion session with the Inquirer on Tuesday night.

FEATURED STORIES

Incubators, accelerators for tech startups

The trade secretary added that these planned technology hubs would also serve as incubators and accelerators for tech startups.

“AI really needs to be included in the operations of our companies,” said the trade chief.

Article continues after this advertisement

Back in November last year, Pascual had said that the Philippines is positioning itself as a center of excellence in AI, noting the increasing use of this technology among startups, as well as the increasing number of Southeast Asian countries actively developing AI strategies.

Article continues after this advertisement

He added that the Philippines’ national AI strategy is focused on improving the lives of the population, boosting enterprise productivity and enhancing economic competitiveness.

Pascual said they are banking on four pillars in the implementation of this strategy, focusing on digitalization and infrastructure, workforce development, regulation, as well as research and development.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: innovation, universities

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.