Department of Trade and Industry (DTI) new Secretary Alfredo E. Pascual presented the DTI’s ten strategic priorities during the second cabinet meeting on 12 July 2022, presided by President Ferdinand “Bongbong” Romualdez Marcos, Jr.
Among the strategic priorities is the reconfiguration of the export sector into industry clusters, with a focus on the following: (1) Industrial, Manufacturing, and Transport (IMT) which encompasses aerospace (aircraft interiors; maintenance, repair, and overhaul), automotive (electric vehicles), semiconductors; (2) Technology, Media, and Telecommunication (TMT), that covers digitalization services, IT-BPM, artificial intelligence and data analytics, cybersecurity, hyper-scale data centers, creative industries; (3) and Health and Life Science (HLS), for biopharmaceuticals, pharmaceuticals, medical devices, and healthcare services.
Sec. Pascual also highlighted how these clusters on DTI’s priority programs would help boost the export industry during the Management Association of the Philippines (MAP) first General Membership Meeting.. With this emerging approach, continuous promotion of export goods can be anticipated. More of this topic can be found at this link.ASLQ