By Kris M. Crismundo
MANILA, Oct. 28 (PNA) — President Benigno S. Aquino III has assured government support to the country’s electronics industry.
Speaking before members of the Semiconductor and Electronics Industries of the Philippines Inc. (SEIPI), the President recognized the significant contribution of the sector to the national economy and in job generation for Filipinos.
“Some of our countrymen might not be aware of just how massive a role your sector plays in our national economy… This industry has long been a source of livelihood for hundreds of thousands of Filipinos. The good news is: Over the past years, this number has been increasing,” he said.
President Aquino cited that in January to August of 2013, the semiconductor and electronics industry has directly employed 260,000 Filipinos.
The industry’s direct employment further grew this year’s January to August period at 331,000, expanding job generation by 27 percent.
The Chief Executive, likewise, noted that the sector has indirect employment of about 2.3 million workers.
“Without doubt, through the years, your industry has established itself as an important channel through which our countrymen can make use of their skills and build long careers, allowing them to reassume control of their destinies; in essence, you have been a true partner of our country in the pursuit of inclusive growth,” said President Aquino.
“This is why we are doing everything in our power to help your industry maintain, if not build on, your momentum. Through our close cooperation, we are ensuring that you have the manpower your industry needs, and that government is able to serve its people well, thereby ensuring that the cycle of empowerment continues,” the President stressed.
President Aquino cited efforts of various government agencies that are helping and closely coordinating with the industry to continue its expansion.
Among these agencies are the Technical Education and Skills Development Authority (TESDA), which ensures the electronics sector of skilled workers; the Department of Science and Technology, which partners with SEIPI in putting up Advanced Device and Materials Testing Laboratory (ADMATEL) for the local industry players; the Department of Trade and Industry (DTI), which continuously promote the country to be an investment destination and also ensure good business environment in the country; and the Department of Energy, which is doing its part to meet energy requirements.
“All these efforts make it clear: Your government will stand by you as your industry grows. After all, we know just how deeply your success is tied to the success of our people and our economy,” he said.
“Rest assured, government will continue to match your efforts, listen to your concerns, and do everything possible to give you even more reasons to operate here in the Philippines, or perhaps to even double down on your investments, because we know that, if we work close together, and if we maximize the synergies between us, then, without doubt, we can write a new, prosperous chapter not just in your industry’s growth story, but in our country’s history books,” he concluded. (PNA)