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PIA Press Release

Technology is foundation of RP's future economic development - PGMA

Quezon City (4 April) -- Reiterating her declaration in her first State-of-the-Nation Address in 2001 that "Technology is the foundation of the future economic development" of the Philippines, President Gloria Macapagal-Arroyo expressed support today to the proposal of seven universities in the country to "develop capability in generating knowledge in science and technology."

"This is an important project for us. I am excited to have this project (implemented)," the President said during a power point presentation of the "Program for Engineering Research and Development for Philippine Global Development and Competitiveness" prepared by a consortium of seven universities.

The seven universities are the University of the Philippines-Diliman, De La Salle University, Mapua Institute of Technology, Central Luzon State University, Mindanao State University, University of San Carlos, and Iligan University.

Dr. Reynaldo Vea, president of the Mapua Institute of Technology, said the proposal was all about the "build up research and development capabilities of engineering in the next 10 years."

"We have proposed the setting up of engineering research and development consortium among the seven universities," Dr. Vea said, adding that "this is the most important thing that has to be done now so we could catch up with the world globally."

Vea said the President has "indicated some ways of realizing the program of expenses that involves P800 million a year over the next 10 years."

Among the key thrusts in science and technology contained in the Medium Term Philippine Development Plan (MTPDP) are to: make S&T policies supportive of national development goals and policies; enhance competitiveness of the human capability; speed up knowledge creation and dissemination for greater productivity and jobs creation especially in rural areas; and, improve mechanisms and programs to promote and encourage technology-based entrepreneurship.

Dr. Rowena Guevarra, Dean of the UP Diliman College of Engineering, made the power point presentation at Malacanang's Study Room. (PIA) [top]

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