La Union LGUs Upgrade Frontline Officers’ Investments Facilitation Skills
By: Mia Jayn Ochoco, GPC-LEEIPU | Photos By: GPC-LEEIPU | Date: May 17, 2021
The Provincial Government of La Union, through the Local Economic Enterprise and Investment Promotions Unit, took part in the Board of Investments - Linangin ang Obligasyon at Kakayahan sa Aktibong Lokal na Pamumuhunan Awareness Seminar for Local Governments Units (BOI-LOKAL) held at Hotel Ariana, Bauang, La Union on May 17, 2021.
The seminar aimed to capacitate the Investments facilitation skills of the local government officials, Local Economic and Investment Promotion Officers, Business Permits and Licensing Officers, Treasurers, Building Officers, Municipal Assessors, and Department of Trade and Industry (DTI) frontline officers.
Discussed in the seminar were means to bridge the gap between investors and the local government units (LGUs) helping them align their local business processes to national government issuances and initiatives on investments promotion.
Gov. Francisco Emmanuel “Pacoy” R. Ortega III reiterated in his video message, “Considering that the frontline officers and personnel in our component LGUs are the face of our public service and the first-hand experience of our potential investors, it is imperative to capacitate them… Through collaborative activities such as the BOI-LOKAL, we are anticipating more business ventures in our province to thrive.”
DTI Assistant Regional Director Ms. Daria Mingaracal emphasized that now is the time for the region to take advantage and improve its investment climate that will generate jobs, improve the economy and develop the rural areas.
Also part of the discussion was the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law as support in further increasing the competitiveness of the Philippines. LGUs in La Union will be integrating the CREATE Act in updating and crafting their Local Investment and Incentives Code.
The session shall help foster informed LGUs of the different policies and initiatives of the national government which will serve as guide in crafting plans and implementing programs to attract more investors and promote a business-friendly environment in the Province.
