The Department of Trade and Industry (DTI) recently convened the Industry Development Council (IDC), the agency’s institutional mechanism to collaborate with stakeholders in implementing the Industry Roadmap Project and the Comprehensive National Industrial Strategy (CNIS).
The IDC is expected to recommend the approval of the CNIS and to review and assess implementation of the country’s sectoral roadmaps.
“The IDC is a collaboration to further strengthen local industries and enhance their competitiveness to take advantage of the opportunities with the implementation of the Asean Economic Community in 2015 and the other free trade agreements,” Trade Secretary Gregory Domingo said on the need to reactivate the IDC.
The IDC will be the coordinating body for the DTI-initiated Industry Development Program (IDP). Launched in 2012, the IDP spearheaded public-private collaboration in the development of industry roadmaps. To date, 28 industry roadmaps have been submitted and 18 technical working groups composed of public and private sector members are implementing these roadmaps.
The government is focusing its efforts on revitalizing the industrial sector, particularly manufacturing, to generate more quality jobs to absorb the growing workforce.