Regional Investment Committee recruits DILG as new member
The
Regional Investment Promotion Committee (RIPC) has enlisted the
Department of the Interior and Local Government (DILG) as a new
member following the RDC’s approval of the RIPC’s recommendation.
Members of the RIPC were unanimous in the inclusion of the DILG
since the committee focuses mainly on LGU concerns such as
investment promotion, advocacy on establishing investment promotion
centers, formulation of investment incentive codes and resource
generation.
According to Director Jocelyn Blanco of the DTI, the key
considerations for taking in the DILG are its general supervisory
functions over the LGUs, its established system of cooperation and
coordination, its assistance to legislation regarding local
governments, and its capability enhancement activities to improve
LGU performance, Blanco said.
The
DILG becomes the 24th
member of the RIPC, whose original members include the six
provincial governors, seven city mayors, and the regional directors
of the DTI, DOT, DOST, DENR, DA and NEDA plus the four RDC-PSRs.
In a
related development, the RDC approved the RIPC’s request for
funding the preparation and printing of the Bicol Investment
Promotion Guide through contributions from the provincial and city
LGUs at P100,000 each.
Blanco said that the contributing LGU will be provided with several
sets of the guide for their investment promotion activities.
