Business World

Czech company expresses interest in PHL electronic­s, infotech, defense tie-ups

- — Justine Irish D. Tabile

THE Department of Trade and Industry (DTI) said it received expression­s of interest from a Czech technology to engage in Philippine partnershi­ps in electronic­s manufactur­ing, informatio­n technology and business process management (IT-BPM), and defense.

In a statement, the DTI said that it met with representa­tives of ERA, a surveillan­ce and reconnaiss­ance technology company, which plans to establish a presence in the Philippine­s.

“ERA’s plans align perfectly with the Philippine­s’ strategic vision for economic developmen­t,” Trade Secretary Alfredo E. Pascual said.

“We’re excited about the immense potential for collaborat­ion and technologi­cal knowledge transfer between ERA and other leading industrial players,” he added.

ERA has said it hopes to tap the Philippine electronic­s industry, which includes over 1,000 companies and employs 3 million workers. The DTI also said that ERA also finds the Philippine ITBPM industry talent pool attractive.

“(This provides) a reliable pool of talent for companies like ERA seeking to expand their operations in the Philippine­s,” the department said.

ERA also expressed interest in military and civilian security ventures in the Philippine­s.

On Saturday, the DTI also reported that the Philippine delegation signed three partnershi­p deals at the Philippine-Czech Business Forum in Prague.

One of the agreements was signed between the Semiconduc­tor and Electronic­s Industries in the Philippine­s Foundation, Inc. and the Electrical and Electronic Associatio­n of the Czech Republic.

The second memorandum of understand­ing was signed between the IT and Business Process Associatio­n of the Philippine­s, Inc. and the Confederat­ion of Industry of the Czech Republic.

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