The RDC IV-A convened the Sectoral Committee on Economic Development-Technical Working Group on 12 April at the RDC IV-A Conference Room in Calamba City to discuss the reactivation of the RDC Investment Promotion Group (IPG). Investment promotion was spearheaded by the Calabarzon governors as early as 1991. The group participated in investment missions, business conferences and promotional activities in Japan, China, Taiwan, US, and Malaysia from 1991 to 2011. Their efforts contributed to the industrialization of Calabarzon. The reactivation of IPG is now needed to compete in the ASEAN community.
The meeting was attended by the agency regional offices of DTI, DOST, and NEDA; private sector representatives from Atikha Overseas Workers and Initiative, Inc., Enrique Zobel Foundation, and Tahanang Walang Hagdan; and Santa Rosa City. Director Luis G. Banua of NEDA Region IV-A presided the meeting.
The group agreed that the IPG’s initial task is to promote the five regional priority industries, PINOY WISE investment products for overseas Filipino workers, and industrial tourism. The priority industries in the region are IT-BPM, automotive, electronics, petrochemicals and metals. Specific development plans for these priority industries are expected to be formulated in collaboration with SUCs and industry players.
In support of promoting investments, the following activities for 2016 were proposed: a) Study on Calabarzon Ecozones; b) Kapihan with major industry players in the region; c) Improving the Calabarzon Cities and Municipalities Competitiveness Indicators; d) Regional Traffic Management Plan; and e) Academe-Industry Forum.
The IPG will advocate its projects to the next set of local chief executives after the May election.
Jennylyn P. Jucutan, NEDA Region IV-A | Monday, April 18, 2016