Pascual keen to develop domestic health industry

Pascual was reacting to the challenge by Senator Pia Cayetano, author of the CREATE Law, if DTI would be open to creating an investment environment, such as tax incentives, for the health industry to flourish.

Pascual explained at the briefing that the health industry falls under the third pillar for the DTI 2022-2028 plan on health and life sciences, which includes healthcare services and various health products requiring investments for the establishment of healthcare facilities. Pascual assured Cayetano that DTI definitely welcomes any tools to facilitate establishments of enterprises in these industry clusters that we have identified. Pascual, who believes that only by industrialization that the country can produce higher quality and higher paying jobs.

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