Davao Oriental beefs up investment drive

In a bid to establish a strong and cohesive investment promotion program, the Davao Oriental Center for Promotion on Investments and Trade (C-POINT) recently conducted a two-day training tagged as “investment promotion orientation and planning workshop for local chief executives(LCEs)  and local economic and investment promotion officers (LEIPOs)” in Mati City.

The activity,  which was facilitated by the Department of Trade and Industry in Davao Oriental (DTI-DO), was designed to generate the commitment and support of the LCEs in investment promotion-generation initiatives, enhance understanding and appreciation of LEIPOs on the basics and importance of investment promotion, as well as facilitate the formation of a circle or network of LEIPOs within the province.

DTI-DO provincial director Ma. Belenda Q. Ambi set the direction for the activity emphasizing on the vital role of LGUs in providing a conducive business environment and the cycle of prosperity that the establishment of businesses can trigger in communities.

Ambi said she was overwhelmed by the commitment of support expressed by mayors Domingo A. Lim of Lupon and Pedro T, Mejos of Banaybanay, who graced the occasion.

Representatives of Davao Oriental’s ten municipalities and one city got relevant inputs on investment promotion, particularly on investment priorities plan (IPP) 2010, investment leads, and elements of a sound investment promotion plan.

The inputs were provided by Edilberto Ranque of the Department of the Interior and Local Government (DILG) 11, Engr. Gil M. Dureza and Cheryl Vicentino of the Board of Investments (BOI), and Lucky Siegfred  M. Balleque of DTI 11.

Davao Oriental Governor Corazon N. Malanyaon, in her closing message, posed a challenge to the participants to act as effective agents of change.

“As workers in the local government, let us simplify and facilitate entry of businesses into our areas so that the people we serve shall also reap from its benefits through creation of jobs and increase in their incomes,” she said, adding that “it is time for the LGUs to raise their level of competence in terms of service delivery and in upholding a certain degree of integrity and transparency so as to elevate the level of investors confidence to locate in the province. [DTI-DO/ZIR/JMM]
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