Senate Majority Leader Joel Villanueva stressed the Tatak Pinoy Act would bolster government efforts in creating jobs for Filipinos as he lauded the signing of the law.
“We thank the President for always making jobs a priority goal of his administration. We also commend Senator Sonny Angara for relentlessly pushing for this measure to support our local industries and create employment opportunities for our kababayans,” Villanueva said.
The Tatak Pinoy Act will complement the Trabaho Para sa Bayan (TPB) law, which aims to create a national masterplan to address unemployment, underemployment, and youth unemployment.
Villanueva is the principal sponsor and author of the TPB law which was signed into law in September 2023.
Meanwhile, the Tatak Pinoy Act encourages, supports, and promotes the production and offering by domestic enterprises of local products and services that are globally competitive.
The law harmonizes with the TPB law in emphasizing the value of human resources by developing a roadmap that will ensure support for target sectors and activities; promote academe-industry linkage to develop programs that will match the demands of the industry; include different modalities of training, skills development, upskilling/reskilling, and lifelong learning.
“Malaking tulong po ang pagsasabatas ng Tatak Pinoy Act katuwang ang ating iniakdang TPB Act kagaya po sa mga Talbak coffee farmers sa Bulacan para ma-promote ang industriya at makapagbigay ng maraming trabaho sa ating mga kababayan,” Villanueva said.
The Tatak Pinoy Act also targets to identify programs and requirements, such as innovation infrastructure and facilities for advanced research and incubation, and national and regional innovation hubs, to feature relevant advanced and emerging technology centers.
It will have a Council to ensure that the domestic preference under the law is extended to locally produced, sourced, or manufactured construction materials.
The Council is also tasked to identify and advance strategic, market-driven, and customer-centric research and development activities and technology transfer initiatives that are critical to the implementation of the Tatak Pinoy Strategy.
The Council will ensure that Tatak Pinoy investment activities and projects are included in the list of priority activities that will be under the Strategic Investments Priority Plan.
Under the law, programs and projects for the enhancement of capabilities of domestic enterprises should be included in the expenditure priorities and national government fiscal program.
“Tatak Pinoy will be a game-changer in opening up immense opportunities for our local industries and the much-needed jobs for our skilled and hardworking kababayans,” Villanueva said.
