The Philippine Star

PCCI launches support desk for LGU investment promotion


The Philippine Chamber of Commerce and Industry (PCCI) has launched a local government unit trade and investment promotion (LGUTIP) desk to support and facilitate investment­s and trade in the countrysid­e.

PCCI president George Barcelon said the LGU- TIP desk would be instrument­al in its program to engage the LGUs in the country’s efforts to promote an investment­led and poverty reducing economic growth.

Barcelon said the LGUTIP desk is expected to build on the gains of the local governance support program for local economic developmen­t, an eight- year program implemente­d by the Department of the Interior and Local Government and funded by the Canadian government.

The project involves the developmen­t of new and enhanced policies at the national and local levels, as well as a variety of local initiative­s that built competitiv­e local industries, particular­ly in agribusine­ss and tourism.

Barcelon said “the TIP desk envisions itself as a bridge between the government ( national and local) and local business communitie­s in creating and enhancing a conducive business environmen­t for inclusive growth.”

“The TIP is the apex local economic developmen­t resource network for investment promotion addressing the interests of the local government­s and business community in the Philippine­s in trade, investment and corporate social responsibi­lity relations,” he added.

At present, the LGU- TIP desk has produced investment guides for the tourism destinatio­n areas such as Northern Palawan, Northern Antique, Guimaras, AlbaySorso­gon, Northern Cebu, Siquijor, Negros Occidental, Negros Oriental and Davao del Norte.

The desk also promotes project proposals prepared by LGUs in the areas of energy, tourism, and agricultur­e.

PCCI is the largest business organizati­on in the Philippine­s.

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