Filipino company Smart Citi Teknologi said Monday it signed memoranda of understanding for technology transfer with two of Czech Republic’s leading technology providers during a business and entrepreneur forum in Manila.
Smart Citi president Mario Marcos said the first agreement involves bringing in technology that would integrate all the components of the proposed smart island that will be built by Smart Citi. The Czech technology developed by NITES a.s. will be used to connect all the utilities, private and government systems in an integrated digital platform.
The second agreement is a mining processing technology that will help the local mining sector push for its green goals while allowing more yields in gold and nickel processing, specifically.
“This technology will reduce pollution by replacing the chemical used in metal processing as well as the methods used in mining and refining processes in cooperation with the Czech technology provider Draslovka,” Marcos said at the sidelines of the Czech entrepreneur forum at the Fairmont Hotel in Makati City.
The Czech Chamber of Commerce and the Philippine Chamber of Commerce and Industry organized the event.