The Industry Development Council (IDC) is the primary coordinating mechanism on all policies, programs and initiatives of the Philippine government in partnership with the private sector in pursuit of developing the Philippine industrial sector.
Established by virtue of Executive Order 380, series of 1996, the IDC has been re-convened in April and October 2014, with the body aiming to amend E.O. 380 in order to reflect the new institutional needs of the IDC, as well as respond to current realities and challenges of industry development in the country.
Based on the proposed amendments to E.O. 380, the body will be composed of three levels: the IDC Executive Committee, Sectoral Working Groups under the Board of Investments and an Advisory Council.
The IDC is composed of the following agencies and organizations:
- Department of Trade and Industry (Chair)
- Office of the President
- National Economic and Development Authority
- Bangko Sentral ng Pilipinas
- Department of Finance
- Department of Agriculture
- Department of Foreign Affairs
- Department of Science and Technology
- Department of Labor and Employment
- Department of Energy
- Department of Environment and Natural Resources
- Department of Interior and Local Government
- Department of Public Works and Highways
- Department of Education
- Commission on Higher Education
- National Competitiveness Council
- Seven seats for Private Sector Representatives, currently held by:
- Federation of Philippine Industries
- Philippine Chamber of Commerce and Industry
- Philippine Exporters Confederation, Inc.
- Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc.
- Makati Business Club
- Management Association of the Philippines
- Financial Executives Institute of the Philippines
- Civil Society/Non-Government Organization Representative, currently held by:
- Philippine Business for Social Progress
- Research Institute and/or Think-tank Representative, currently held by:
- School of Economics – University of the Philippines
- National Academy of Science and Technology
- Philippine Institute of Development Studies
- Labor Sector Representative
The IDC is mandated to perform the following powers and functions:
- Recommend approval of the Comprehensive National Industrial Strategy (CNIS), which shall be consistent with the Philippine Development Plan (PDP);
- Coordinate, monitor and assess the implementation of the sectoral roadmaps and the CNIS;
- Review periodically and assess the performance, problems, and prospects of the country’s industries;
- Recommend legislation that would contribute to industry development;
- Formulate policies and recommend measures to improve industry competitiveness;
- Grant and review the accreditation of Philippine industry associations/organizations; and
- Adopt policies, rules, procedures and systems for the efficient and effective exercise of its powers and functions.
The IDC is expected to supervise and coordinate efforts towards industry development, specifically the implementation of the Philippine government’s Manufacturing Resurgence Program.
Meetings in 2014
The IDC met twice in 2014. During the 1st IDC Meeting, the Manufacturing Industry Roadmap, Manufacturing Resurgence Program (MRP) and the draft E.O. on the reactivation of the IDC were presented. Issues on the proposed National Quality Infrastructure (NQI), Competition Law, and promotion of high local value added products, among others, were raised and discussed.
On the presentation of the powers and functions of the IDC, the Council agreed to champion globally competitive industries and strong domestic industries. Since the government is putting all efforts to revive the manufacturing industry, IDC’s thrust is proposed to be directed towards the MRP and focused on the resolution of vertical issues of the manufacturing and services industries.
During the 2nd IDC Meeting, the Comprehensive Automotive Resurgence Strategy (CARS) program for the Philippine automotive industry, the proposal for the Green Manufacturing Domestic Zone for the copper industry, and the updates on the IDP and MRP were presented. The Council agreed to endorse the CARS program and the proposal for the Green Manufacturing Domestic Zone for implementation. In addition, on the constitution of the Executive Committee under the IDC, the Council agreed to include DOST, FFCCCII and PhilExport in the initial list of proposed members.