PH to strengthen tech, economic cooperation with ASEAN, Italy
Department of Trade and Industry (DTI) Secretary Alfredo Pascual vowed to strengthen the technological and economic cooperation of the Philippines with Italy and the Association of Southeast Asian Nations (ASEAN).
During the hybrid session of the High-Level Dialogue on ASEAN-Italy Economic Relations, Pascual highlighted three critical areas for collaboration: the aerospace industry, renewable energy, and smart technologies.
Pascual disclosed that the newly established Philippine Space Agency is “gearing up for space technology R&D, including space data for disaster risk reduction and environment monitoring. We can collaborate significantly on using remote sensing for agriculture and the environment.”
The secretary added that the country is currently developing an ecosystem that will help support the production and assembly of electric vehicles (EV), strengthening its position as an ideal investment destination for Italian EV makers.
Further, he mentioned that the country focuses on three strategic industry clusters to help drive high-tech industrialization. Pascual added that the Philippines and Italy could explore possible solutions to tackling climate change.
