People, S&T seen as APEC main drivers of growth

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Human capital development with emphasis on science and technology is the top strategy for economic growth in the Asia-Pacific region, according to Foreign Affairs Secretary Albert del Rosario.

In a statement made over the weekend during the 26th Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting in Beijing, del Rosario underscored as well alignment of education and training programs with industrial requirements of countries in the region.

He commended the establishment of the APEC Higher Education Research Center and the APEC Scholarship Roadmap in advancing cross-border education.

Del Rosario informed the APEC ministers about the Philippines’ participation in the APEC Scholarship Program.


He highlighted significance of other connectivity initiatives, such as transportation and logistics, financial services and professional mobility.

Del Rosario expressed gratitude to the 21-member APEC for its “unwavering support” that enabled the Philippines to move forward after it was devastated by Super Typhoon Yolanda on November 8, 2013.

APEC’s help, he said, allowed the Philippines to reconstruct and rehabilitate areas badly affected by the super typhoon, which left more than 6,000 people dead, mostly in Leyte province.

The secretary arrived in China’s capital on November 7 for the APEC ministerial meeting, which is headed jointly by China’s Foreign Affairs Minister Wang Yi and Commerce Minister Gao Hucheng.

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