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Chapter III.pdf - NEDA-RDC VI

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done to eliminate or minimize administrative delays and<br />

bottlenecks including licensing and zoning problems to project a<br />

business-friendly image.<br />

The private sector should be encouraged to actively<br />

participate in investment promotion by making them as partners<br />

in all the activities of the government, through the local councils.<br />

They should be provided with an efficient institutional support to<br />

cater to and facilitate their needs.<br />

Infrastructure projects critically affecting investments<br />

should be implemented with greater speed and decisiveness.<br />

5. Promote and Assist SMEs and Leading Industries<br />

Promotion and assistance to SMEs and leading industries<br />

shall be vigorously pursued to generate employment and<br />

alleviate poverty. Improving access to financing, training,<br />

markets and technology will be the joint top priority of DTI and<br />

DOST. The TESDA, SUCs, and private universities through their<br />

Extension Offices will continue to assist in skills development<br />

training.<br />

Women entrepreneurs especially those engaged in leading<br />

industries such as gifts, toys and housewares, loomweaving, will<br />

be given equal opportunity in terms of access to credit facilities,<br />

skills training, product development and the like.<br />

Concerned agencies and the LGUs shall continue to focus<br />

on improving the business environment, including the reduction<br />

of the cost of doing business to attract more investments in the<br />

region. Once operationalized, approved ecozones in the region<br />

including the identified growth centers are expected to increase<br />

regional employment opportunities by attracting more investors.<br />

The DTI will continue to facilitate the conduct of<br />

investment fora to promote private sector initiatives and<br />

projects. Other activities that must be given due importance are<br />

investment missions, foreign and local inbound missions,<br />

investment opportunity seminars, assistance both local and<br />

foreign investors and others.

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