Investors slate Naga confab


LEGAZPI CITY — Stakeholders from various business and investments organizations are set to draw up a workable Investments Priorities Plan (IPP) that will help boost economic development in the country, the Department of Trade and Industry (DTI) in Bicol said the other day.

Jocelyn Blanco, DTI regional director, said the Board of Investments (BOI), in coordination with her agency, is set to hold a 2010 Investments Priorities Plan (IPP) orientation seminar on Sept. 27, at the Avenue Plaza Hotel, along Magsaysay Avenue in Naga City.

The 2010 IPP will unveil the approved investment priority areas by which the government seeks to grant tax and fiscal incentives to such investments that would take advantage of the expected global and domestic economic rebound.

Dubbed as “Maximizing Opportunities of a Stronger Philippine Economy,” the 2010 IPP seeks to generate more investments and more jobs in the agriculture, industry and services sectors that are geared up to optimize the opportunities from the global economic recovery.

Blanco disclosed that this seminar will be conducted primarily to promote and encourage investments in Bicol in order to attract more business ventures.

She further said that this one day activity will also involve the conduct of investment counseling or one-on-one consultations for prospective proponents.

BOI Governor Oliver B. Butalid will be the guest speaker. A total of one hundred fifty participants including representatives from different chambers/business associations, local chief executives, regional directors, and media personalities, are expected to attend the seminar.


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