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President Marcos Hails Enablers Of Ease Of Doing Business

President Marcos acknowledges the contributions of local officials and agencies to business development.

President Marcos Hails Enablers Of Ease Of Doing Business

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President Ferdinand R. Marcos Jr. on Thursday hailed national government agencies (NGAs) and officials from local government units (LGUs) for their support and contributions to the government’s thrust for ease of doing business.

Marcos led the awarding rites for the One-Stop Action Center for Strategic Investments, dubbed “Gawad Bayanihan sa Pamumuhunan: Making It Happen with a Whole-of-Nation Strategy,” in Malacañang.

Spearheaded by the Department of Trade and Industry – Board of Investments (DTI-BOI), the event recognizes government partners for the successful implementation of Marcos’ Executive Order (EO) No. 18, which mandated the creation of “green lanes” that serve as the government-wide response to expedite business application.

In his speech, Marcos said EO 18 allows investors to process all the necessary permits and licenses to put up their business in the Philippines in just about 12 days.

“The goal is simple: less red tape, more action, more results, more success, more quickly. We want investments to come in, projects to break ground faster, [and] jobs to reach our people sooner,” he said.

“Because when businesses move quickly, progress follows just as fast.”

The President said the One-Stop Action Center for Strategic Investments compelled agencies to “move with speed, with precision, and certainty, furthering the overall ease of doing business in the country.”

Just last month, the government certified 187 strategic investments across key sectors, including renewable energy, digital infrastructure, food security, and manufacturing, amounting to a total investment value of over PHP4.6 trillion, Marcos said.

He then congratulated the awardees for their roles in advancing green lanes.

“You have shown us that when public service is anchored on integrity, efficiency, and accountability, we can really see progress,” Marcos said. (PNA)

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