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Bacolod City, Philippines Thursday, March 15, 2018
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New type of ecozone pushed


MANILA - The Philippine Economic Zone Authority is eyeing a new type of economic zone for the development of the country’s human resources and stronger linkage between industries and the academe, through state universities and colleges.

PEZA director general Charito Plaza said PEZA had consulted the Philippine Association of State Universities and Colleges for the development of knowledge, innovation, science and technology, or KIST, parks nationwide.

She said PEZA wants the KIST parks in every region to provide training on manpower needs for industries.

Moreover, PEZA deputy director general for Policy and Planning, Theo Panga, said the KIST parks would create more value-adding for the country’s higher education institutions.

“Akin to an S&T (science and technology) park, PEZA’s version of a KIST park pertains to a center of excellence or a kind of space where productive activity is done by collaborating with government, academics, community and business,” Panga said.

“Towards this end, PEZA has introduced an innovation by expanding the eligible activities or projects that may be hosted by KIST park developers. Apart from the conventional IT-enabled activities, companies into technology, innovation and R&D (research and development) may register with PEZA as locators in the KIST parks and where their pioneering products/services and innovative solutions may cater to both export and domestic markets,” he added.

He said the KIST parks would be patterned after international models of science and technology parks, such as Biopolis of Singapore, the Science and Technology parks of Korea, and Education City of Qatar.

Aside from PASUC, PEZA is also partnering with the Department of Science and Technology for KIST parks.

“The academe may also partner with the industry, particularly in putting up a research institute and incubation facility where its scientific studies or technology patent can be offered to venture capitalists for commercial development and production,” Panga said.*PNA


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