Automotive Sector Key to Faster Economic Growth
The development of the Philippine automotive sector will be highly crucial in the resurgence of the country’s manufacturing industry, as it can drive the growth of feeder industries across the supply chain. “At the heart of the Philippine Manufacturing Industry Roadmap for Structural Transformation is the development of the automotive industry through its integration into the production and sales system of global automakers,” Trade Assistant Secretary Rafaelita M. Aldaba said.
Source: Philippine Daily Inquirer