DTI, BOI strengthens regional capability for investors
As the Philippines continues to enjoy high investor confidence, the Department of Trade and Industry (DTI) and Board of Investments (BOI) continue to build sustainable groundwork to promote investments in the various regions of the country.
“In collaboration with DTI’s regional offices, we have stepped up our promotion efforts to drive economic activities nationwide, especially in investment ready areas,” DTI Undersecretary Ponciano C. Manalo, Jr. said.
The BOI through its Domestic Investments Promotion Service (DIPS) and the Investment Assistance Service (IAS) recently synchronized their respective programs to conduct the investment counseling and capability building training on investments promotion with focus on project plan preparation.
“With these efforts, we expect a more vibrant DTI and BOI presence in providing frontline services to investors in the regions,” Manalo said.
He also noted that this training intends to refine the skills of the DTI regional and provincial frontline staff and the Local Economic and Investment Promotion Officers (LEIPOs) assigned in the regional Negosyo Centers in assisting small and medium enterprises (SMEs)and providing advanced advisory services on investments.
He added that project preparation skills of the stakeholders will be enriched to generate ready to go investment projects for promotion and possible BOI registration.
Aside from the frontline DTI regional and provincial staff and LEIPOs in Negosyo Center, participants in trainings also include economic stakeholders from the local chambers of commerce and industry, industry associations, SMEs, academe and representatives from the other line agencies.
These series of trainings nationwide started last May. Similar trainings are scheduled in Region 7 (Cebu City) from July 13 to 14,and Region 3 (San Fernando, Pampanga)from October 8 to 9, 2015.