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Sustained industry growth expected in the Manufacturing Summit 2018

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The Department of Trade and Industry and The Philippine Board of Investments (BOI) in partnership with the Federation of Philippine Industries (FPI) held a two-day Manufacturing Summit 2018 on November 22-23, 2018 at the Philippine International Convention Center (PICC).

With this Manufacturing Summit, both DTI and BOI see sustained industry growth with Manufacturing Summit 2018.

The Summit is an annual gathering of stakeholders from government, industry and the academe to discuss the state of Philippine manufacturing and explore ways to maximize opportunities to sustain growth while addressing domestic and global challenges that impact manufacturing such as the modernization/rationalization of incentives in the face of pending tax regime change, the trade tensions between our biggest trade partners China and the United States and the advent of the Fourth Industrial Revolution.

Sessions exploring these challenges included a variety of speakers and expert panelists from government, multilateral institutions, industry organizations and universities from here and abroad. This is also part of the government’s implementation of its industrial policy known as the Inclusive Innovation Industrial Strategy (i3S) which grows and develops globally competitive industries, with strong forward and backward linkages, removes obstacles for growth and attracts more investments resulting in more and better jobs.

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