DTI launches ASEAN 2017 biz and investment program

The Department of Trade and Industry (DTI), led by Secretary Ramon M. Lopez, launched the ASEAN 2017 Business and Investment Program (ABIP) at the Rizal Ceremonial Hall in Malacañang yesterday, January 24.

"DTI as chair of the ASEAN Economic Minsters (AEM) and the chair for the Committee on Business and Investment Promotion (CBIP) will unveil several business programs for the year that will complement Philippines’ priorities under the ASEAN Economic Community (AEC) Pillar," said Secretary Ramon M. Lopez.

The CBIP, an inter-agency committee established by the Philippines’ 2017 ASEAN National Organizing Committee (ASEAN NOC), is responsible for engaging the international business community, investors, government and other parties; and in organizing, as well as supervising potential business and investment-related activities.

Among the six thematic priorities identified for Philippines’ chairmanship of ASEAN 2017, DTI is set to highlight efforts under the thematic priority “promoting inclusive, innovation-led growth, for shared prosperity in ASEAN”.

"Having AEC pillar in mind, CBIP developed business programs that will complement our regional effort in terms of regulatory coherence, promotion and internationalization of micro, small and medium enterprises (MSMEs), development of an innovation-driven economy, and promotion of women and youth entrepreneurship,” said DTI Secretary Ramon Lopez.