The Philippines is looking to strengthen its position in the global semiconductor and technology industries by expanding into advanced manufacturing, processing, and higher-value production.

This was highlighted during the Executive Briefing on the Super Intelligence, Knowledge, and Advanced Technology (SIKAT) Corridor, convened by the Department of Trade and Industry (DTI) and the Philippine Board of Investments in Makati City, with the Bases Conversion and Development Authority (BCDA) and key government and industry stakeholders.

BCDA President and CEO Joshua M. Bingcang underscored the role of the SIKAT Corridor and the proposed advanced manufacturing park in New Clark City in attracting strategic investments and moving the country higher up the global technology value chain.

The briefing emphasized the importance of aligning investments, critical infrastructure, advanced technologies, and international partnerships to strengthen the country’s industrial competitiveness.