Industry sectors, gov’t commit to craft road maps

MANILA, Philippines—At least 30 sectors have committed to craft their respective strategic road maps in collaboration with the government, in a bid to further boost the competitiveness of Philippine industries and increase their presence in the global market.

According to an update report on the 2012 Strategic Industry Development Program, the Industry Development Group (IDG) of the Board of Investments (BoI) had met with 57 industry associations and companies, as well as eight government agencies for the formulation of the road maps, which would, among others, detail what the industries need to be able to better compete in the global stage.

“Most of these organizations have expressed support to the projects and they are now in close and constant coordination with the BoI on the next steps that need to be taken in coming up with the sectoral road maps,” the report issued by the Department of Trade and Industry (DTI) said.

The DTI believes that these road maps are “essential in charting the future of Philippine industries for the realization of a comprehensive national industrial strategy.”

Among the sectors that have committed to do their respective road maps are air logistics for cargo, copper and copper products, fine jewelry, auto parts, rubber and rubber products, tool and die, metal casting, coconut and coconut products, hogs, poultry, coffee, medical travel/medical tourism (cancer treatment), retirement industry, flat glass, plastics, paints and coatings, printing ink and garments and textiles.

Other sectors that are also looking to do their road maps are chemicals, motorcycle and motorcycle parts, iron and steel, auto, petrochemicals, handicrafts, furniture, BPO/KPO, hotels, mass housing, engineered bamboo and biodiesel.

Trade Secretary Gregory L. Domingo earlier said that these road maps would help the DTI set its priorities so the agency can contribute to the country’s development goals.

The DTI aims to become a catalyst toward the “inclusive” growth that the Aquino administration has envisioned, said Domingo.