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Published bySheila Hopkins Modified over 9 years ago
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PROPOSED WORK ACTIVITIES OF THE SUB-WORKING GROUP ON LOCAL INVESTMENT REFORMS
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Local Investment Issues Raised in Various Fora Joint Foreign Chambers – Arangkada Philippines 2010 Two workshops of the PDF WG-GIC Business Memo to President Aquino for the SONA
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Four Areas of Concern Streamlining Local & National Regulatory Processes Promoting Local Economic Strategies conducive to investment Improving information support on local enterprises critical to business matching and investment generation Addressing consumer related issues
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Theme 1: Streamlining Local & National Regulatory Processes Make the BPLS Oversight Committee a committee under the SW-LIR; adopt its work plan as part of SW-LIR May initiate additional review of regulatory processes - Land titling - Mining permits
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Theme 2: Promoting Local Economic Strategies for Investment Review of National Laws and Local Regulations - consistency of incentive-giving laws (e.g. tourism, mining, BPO-IT, agri-business) with local tax code and local investment incentives act
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Theme 3: Improving Information Support for Business Matching & Investment Promotion Assist LGUs in generating information for promoting investments, e.g. - use of LGU business registration information for business matching - linking NGA database for efficient data sharing (e.g. Philippine Business Registry) Develop with business groups a framework for regular private sector (e.g. local chambers) and LGU interaction to discuss issues and plan investment-related projects
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Theme 4: Address Consumer-Related Issues Strengthen standard setting (harmonized with international ) and implementation at the local level - tourism facilities (as pilot)
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