Pres. Ferdinand R. Marcos Jr. has signed into law the bill reorganizing the National Economic and Development Authority (Neda) into the new Department of Economy, Planning, and Development or DepDev.
The group, consisting of experts and leaders from industry, academia, and government, will conduct an in-depth study on the nation's AI ecosystem, its current capabilities, and potential future trajectories.
The technological advancements, while creating new opportunities, require careful planning to mitigate potential negative effects on employment and income inequality, according to NEDA chief Arsenio Balisacan.
The three projects that will be pursued under the partnership include the National Communications Satellite Roadmap, Philippine E-Government Master Plan, and the Integrated Data Center Implementation Plan.
The project will construct a public broadband infrastructure network to enhance broadband connectivity and bring high-speed Internet connections to disadvantaged areas.
The National Economic and Development Authority (NEDA) said the Philippines remains the leading country globally in terms of having the most technology exports as a percentage of total trade particularly in computers, scientific instruments, and electrical machinery.
NEDA secretary Arsenio Balisacan the bill is significant and is crucial to the Philippine Development Plan (PDP) 2023-2028, as it will usher advancements across various sectors, including ICT, education, health, and agriculture.
The National Economic and Development Authority (NEDA) has underscored the potential of digital technologies in advanced monitoring tools for domestic production and maintaining affordable and accessible food prices.
The National Economic and Development Authority (NEDA) has committed to working with the Department of Trade and Industry (DTI) in implementing the National AI Strategy Roadmap 2.0 to strengthen the government's capacity for sustainable digital transformation.
