Thursday, July 1, 2010

Business Insight Malaya | Business

Business Insight Malaya | Business: "RP urged to explore billion-dollar
environment technology market

The Philippines should take advantage of a growing market in clean environment technologies worth billions of dollars in Southeast Asia.

'We can capitalize on these market opportunities that could reach $62 billion in Asia this year,' said Fortunato T. dela Pe�a, science undersecretary for research and development.

The estimated value does not include the huge Japanese market.

'In Asia, the importance of sustainable solutions through the use of environmentally sound technologies has reached amazingly high levels,' he said. 'We can strive to find export markets for our developed innovative, environmentally sound technologies.'"