31 March 2016
Speaking before the officials and employees of Kaertech Electronics Philippines, Inc., President Benigno S. Aquino III took the opportunity to recognize and tell about the Filipinos’ creativeness, loyalty and diligence as he visited the facility in Biñan, Laguna.
The President said that having a government that is more equipped than ever to boost the manufacturing industry in the country, the foundations for continued success are strongly in place. He cited the remarkable 7.6 percent average annual growth of the industry since he became President in 2010 up to 2015, compared to the three percent average growth from 2001 to 2009.
“Your company is proof positive that this growth isn’t driven by simple manufacturing – that we are already making our way up the value chain,” President Aquino said. He also mentioned that various companies producing high-tech equipment are setting up shops in the Philippines, like the smart toothbrushes which is one of the famous products of Kaertech, and other companies manufacturing aircraft components, hemodialysis treatment devices, and electric tricycles, among others.
“Indeed, more and more, the world is discovering how the Philippine brand is synonymous with quality and we are seeing the early fruits of this development,” added the President while giving an assurance that his administration will continue to empower the manufacturing sector through the government’s programs such as the Training for Work Scholarship Program of the Technical Education and Skills Development Authority (TESDA), which trains Filipinos for various in-demand positions in different sectors.
As the government seeks to revive the manufacturing sector in the country, President Aquino said that the government is investing in different projects that will give the industry “a place on our own shores to conduct failure analysis and materials characterization” as what the Advanced Device and Materials Testing Laboratory (ADMATEL) aims. Aside from this, the Electronics Product Development Center (EPDC) was launched in 2015 to make the local products much safer and easily match the current international standards.
According to President Aquino, “all these initiatives have an overarching goal: to harness the talents of our greatest resource, the Filipino people, both for their families’ well-being and for our nation’s continued economic growth.”
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