Korea-Philippines Remanufacturing Conference
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NewsTranscript
00:00This is a new project initiated by South Korea and the Philippines
00:03that will greatly help in the expansion of sustainable development and remanufacturing in the country.
00:09How will this help in different sectors? Let's find out here.
00:15Remanufacturing is a process of adjusting the condition of things
00:20through composing, changing, and recycling of its parts.
00:25This is a sustainable way to help reduce waste and take care of the environment.
00:32Recently, the Korea-Philippines Remanufacturing Industry Conference was held.
00:38Here, the benefits of the collaboration of South Korea and the Philippines
00:42in the promotion of remanufactured products in the construction and industrial machinery sectors were discussed.
00:49We were very happy that we get to diverse, discuss with them about the techniques,
00:56the know-how, and how we can upgrade the infrastructure, both in the Philippines and Korea.
01:03And I hope that in the future, we can have more of these collaborations
01:08and more of these events here in the Philippines to let us go and build, build, build.
01:14Through remanufactured products, the cost of the construction of establishments
01:21that are expected to contribute to the development of the industrial sector in the Philippines is reduced.
01:26The other day, the signing of the Memorandum of Understanding was held between the Philippines and South Korea.
01:34This MOU will deepen cooperation between the two countries in the remanufacturing
01:40and other sectors of the industry.