LU Pushes for Economic Recovery through Thrive in La Union Investment Plan
By: Mia Jayn Ochoco, GPC-LEEIPU | Photos By: GPC-LEEIPU | Date: February 15, 2021
The Provincial Government of La Union (PGLU) through the Local Economic Enterprise and Investment Promotions Unit presented the La Union Investment Plan (LUIP): THRIVE in LA UNION to the component Local Government Units on February 15, 2021 via video conference.
The LUIP is the blueprint of the province to foster a conducive investment climate. It contains plans and programs for a Sustainable Investment Development Strategy to Improve Investment Climate, to attract more investors amidst the pandemic and to increase business resilience. The LUIP defines the roles of each key player as PGLU strengthens partnership with them.
The PGLU is focused on the steadfast economic recovery plan and pursues to create sustained and aggressive growth. The priority is to implement projects and programs that will cater to the conduct of necessary technical assistance and capacity building interventions to further encourage investments and economic activities within the Province of La Union.
Leading the economic recovery, the LUIP framework aims to improve quantity and quality of investments generated in the component LGUs. Programs include Investment and Employment Hub, Investment and Employment Portal, Centralized provincial data management, local product development and other partnership with Non-Governmental Organizations, National Line Agencies and the private sector.
