UPMin's KIST Park to benefit from DTI's PRISTINE
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Architect's conception of the initial KIST Park building |
The University of the Philippines Mindanao's (UPMin) Knowledge, Innovation, Science, and Technology (KIST) Park project is moving forward with the due diligence process to obtain anticipated funding from the Asian Development Bank (ADB) through the Department of Trade and Industry's (DTI) PRISTINE Project.
PRISTINE, or "Promoting Research and Innovation to Strengthen Transformation of Industries and Enterprises," is a proposed USD 400 million Philippine government loan from the ADB, with the DTI as the executing agency. The PRISTINE program aims to improve the national innovation ecosystem by establishing more applied research and development and innovation infrastructure in line with the Philippine Development Plan 2023-2028.