The
challenges
of
globalization
are
unavoidable.
The region
has not
harnessed
its full
potential to
compete in
the global
market. The
region needs
to identify
and develop
products
that are
globally
competitive.
Labor
productivity
and
efficiency
in doing
business
must be
improved.
Bicolanos
must be
globally
competitive
to eradicate
poverty and
ensure
economic
growth.
A globally
competitive
Bicol shall
be achieved
by efficient
public and
private
sector
organizations,
efficient
transportation
networks,
improved
research and
development,
effective
access to
financing,
and human
resource
development.
A green
growth
strategy
will enhance
the region’s
competitiveness
while
ensuring
sustainable
development.
Management
systems in
the public
and private
sectors must
conform to
global
standards
and
procedures.
LGUs must
have
investment
promotion
centers and
provide
environment
conducive to
domestic and
foreign
investments.
To achieve
global
competitiveness,
transport
systems
shall be
made more
efficient.
Web-based
communication
facilities
shall be
available in
all LGUs.
Continuous
and low cost
power supply
shall be
made
available.
Peace and
order shall
be attained.
State
universities
and colleges
shall be
centers for
R&D. Results
of R&D
activities
shall be
widely
disseminated.
Public
spending on
education
and health
care shall
be given top
priority.
The
transition
from the
current 10
year to a 12
year basic
education
track shall
be pursued.
Basic
education
shall
provide the
foundation
towards
increasing
proficiencies
in language,
science, and
mathematics.
Vocational,
technical,
and college
courses
shall be
revised to
match the
region’s
priority
economic
growth
sectors.
Skills shall
be upgraded
through the
institutionalization
of
on-the-job
training and
job
placement
services.