Eco-Industrial Park Concept Promoted as Integral Part of Industrial Zone 4.0 Initiative

  • The Ministry of Industry is currently formulating guidelines for the development of the so-called Industrial Zone 4.0. This includes promoting the Eco-Industrial Park concept in a bid to redesign the country’s industrial zones and promote a sustainable agenda.
  • In essence, the Eco-Industrial Park concept involves the promotion of green, environmentally friendly industrial ecosystems which fall into line with the Manila Declaration on Green Industry in Asia, as well as with the Framework of Action and Law No. 3 of 2014 on Industrial Affairs (“Industrial Affairs Law”).
  • It has been predicted that the abovementioned guidelines will specifically address the following issues: 1) Management and services for lessees; 2) Provision of facilities and infrastructure; 3) Efficiency of natural resources and energy; 4) Environmental management; and 5) Social responsibility and social empowerment.
  • For further analysis of the Industry 4.0 initiative, see ILD No. 559.
  • For further analysis of the Industrial Affairs Law, see ILB No. 2309 and ILD No. 340.
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  • The Ministry of Industry is currently formulating guidelines for the development of the so-called Industrial Zone 4.0. This includes promoting the Eco-Industrial Park concept in a bid to redesign the country’s industrial zones and promote a sustainable agenda.
  • In essence, the Eco-Industrial Park concept involves the promotion of green, environmentally friendly industrial ecosystems which fall into line with the Manila Declaration on Green Industry in Asia, as well as with the Framework of Action and Law No. 3 of 2014 on Industrial Affairs (“Industrial Affairs Law”).
  • It has been predicted that the abovementioned guidelines will specifically address the following issues: 1) Management and services for lessees; 2) Provision of facilities and infrastructure; 3) Efficiency of natural resources and energy; 4) Environmental management; and 5) Social responsibility and social empowerment.
  • For further analysis of the Industry 4.0 initiative, see ILD No. 559.
  • For further analysis of the Industrial Affairs Law, see ILB No. 2309 and ILD No. 340.
......

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