INDUSTRY Industry is the production of goods or related services within an economy.
INFRASTRUCTURE Infrastructure refers to the fundamental facilities and systems serving a country, city or area, including the services and facilities necessary for its economy to function.
INNOVATION Innovation is a new idea, device or method.
ORGIN Sustainable Development Goal 9 (SDG 9) originated as part of the United Nations' 2030 Agenda for Sustainable Development, which was adopted by UN member states in September 2015.
8 TARGETS OF SDG 9 DEVELOP SUSTAINABLE, RESILIENT AND INCLUSIVE INFRASTRUCTURES Promote inclusive and sustainable industrialization Increase access to financial services and markets Upgrade all industries and infrastructures for sustainability Enhance research and upgrade industrial technology Facilitate sustainable infrastructure development for developing countries support domestic technology development and industrial diversification UNIVERSAL ACCESS TO INFORMATION COMMUNICATIONS TECHNOLOGY
Philippine Progress The Philippines economy has continued to show strong recovery from the COVID-19 pandemic during 2023, with GDP growth strengthening to a pace of 5.9% y/y in the third quarter of 2023, compared with GDP growth of 4.3% y/y in the second quarter of 2023. The latest international S&P manufacturing PMI survey results for November 2023 also show that the Philippines manufacturing sector was one of the fastest growing among all the countries surveyed worldwide. Ranking at 100 in the Global Innovation Index in 2014, the Philippines now ranks 51 out of 132 economies as of 2021.
SDG 9 highlights the close relationship between industry, innovation, and infrastructure in sustainable development. By directing resources towards these areas, nations can open doors to economic advancement, social equity, and environmental conservation, paving the way for a brighter and more sustainable tomorrow for everyone. Relevance and Importance of SDG 9