MAKATI CITY – The Department of Trade and Industry (DTI) and the Board of Investments (BOI), with the support of the Federation of Philippine Industries, will hold the Manufacturing Summit 2021 on 25 – 26 August 2021, from 1:30 to 5:00 PM, online via Zoom with the theme, “Securing the Recovery of Filipino Enterprises and the Resilience of Filipino Industries.”
As the pandemic continues to disrupt the global market and the economies of nations across the world, the Philippines has emerged from a recession by posting a positive gross domestic product (GDP) growth rate of 11.8% in the second quarter of 2021. The manufacturing industry is among the leading sectors behind this recovery, growing by 22.3% in the same period.
In this context and in line with the country’s Inclusive Innovation Industrial Strategy (i3S) and the National Employment Recovery Strategy (NERS), the Manufacturing Summit will discuss concrete measures towards securing the recovery of the country’s enterprises and ensuring the resilience of local industries. These would include policy reforms that the national government is putting in place and the various support programs being implemented to enable firms and businesses to regain and strengthen their capabilities for growth under a new normal market environment. In addition, the Summit would also cover the plans and means for stimulating the digital transformation of the country, which is essential for industrial competitiveness in the global economy.
Department of Trade and Industry (DTI) Secretary Ramon M. Lopez will keynote the summit on 25 August and discuss the government’s support for the growth and resurgence of the country’s manufacturing industry. On 26 August, National Economic and Development Authority (NEDA) Secretary Karl Kendrick Chua will present an assessment of the economy’s recovery and the government’s plan towards national resilience.
Other speakers include Department of Finance (DOF) Assistant Secretary Juvy Danofrata, Board of Investments (BOI) Executive Director Corazon Halili-Dichosa, Department of Science and Technology (DOST) Undersecretary Rowena Guevara, Philippine Economic Zone Authority (PEZA) Director-General Charito Plaza, Federation of Philippine Industries (FPI) President Alberto Lina, and Philippine Chamber of Commerce, Inc. (PCCI) President Ambassador Benedicto Yujuico. They will be joined by private sector experts from the World Economic Forum (WEF), McKinsey Singapore, and D&L Industries.
This year’s summit will also feature the induction of the DTI as partner of the WEF’s Global Smart Industry Readiness Index (SIRI) initiative. Through the initiative, DTI aims to accelerate the deployment and adoption of SIRI as a recognized standard for Industry 4.0 benchmarking and transformation in the country.
The summit is expected to gather online participants coming from all over the country, including key officials from the national and local governments, representatives from industry associations and business chambers, and other stakeholders from the industry, micro, small and medium enterprises (MSMEs), academe, the research community, and civil society.
It will be livestreamed on the official Facebook page of DTI and DTI-CIG. Program details are available thru this link.♦
Date of Release: 24 August 2021