The Philippine Chamber of Commerce and Industry (PCCI) signed memoranda of understanding (MOU) with the United Nations Development Programme (UNDP) and the Department of Science and Technology (DOST) to uphold the country’s commitment to sustainable development goals (SDGs) and promote economic growth through science, technology and innovation.
The MOU with the UNDP aims to raise awareness and understanding of the SDGs among the private sector, especially MSMEs. They will also co-design and implement SDG activities, such as capacity building and advocacy and support SDG monitoring and reporting.
PCCI will also collaborate with the DOST on the establishment of the “Philippine Technology Business Alliance” (TechBizAlliance) to facilitate collaboration between the public and private sectors.
The alliance will focus on driving business and economic growth, advancing policy and STI-assisted industry development, establishing a technology and business hub, strengthening strategic partnerships and pursuing collaborative opportunities.
The MOU outlines specific areas of cooperation, including policy dialogues, programmatic collaboration, a strategic partnership framework, commercialization of R&D outputs, knowledge sharing and capacity building and participation in annual events.
The business group signed the two MOUs during the two-day Philippine Business Conference and Expo on Oct. 22 and 23, 2024 at the Marriott Grand Ballroom in Pasay City.