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.