Undersecretary Zenaida C. Maglaya 1 st Meeting of the SWG-LIR Board Room, BOI Penthouse 18 August...

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Background Urgent need to fast track investment reforms to accelerate local growth and address constraints to competitiveness Memorandum of Agreement (MOA) between DTI and DILG signed on 06 August Creation of the Sub-Working Group on Local Investment Reforms (SWG-LIR)

Transcript of Undersecretary Zenaida C. Maglaya 1 st Meeting of the SWG-LIR Board Room, BOI Penthouse 18 August...

Undersecretary Zenaida C. Maglaya

1st Meeting of the SWG-LIRBoard Room, BOI Penthouse18 August 2011, 9:00 a.m.

  

SUB-WORKING GROUP ON LOCAL INVESTMENT REFORMS (SWG-LIR)

OUTLINEBackground

Structure- Proposed Composition

Functions

Reform Areas

Responsibilities- DILG- DTI

BackgroundUrgent need to fast track investment reforms to

accelerate local growth and address constraints to competitiveness

Memorandum of Agreement (MOA) between DTI and DILG signed on 06 August 2011

- Creation of the Sub-Working Group on Local Investment Reforms (SWG-LIR)

Structure

BPLSOversight

Committee

Proposed CompositionDTI & DILG to Co-Chair the SWG-LIR

A development partner will co-convene

Government partners will depend on the activities

Ad-hoc groups within the SWG-LIR will be formed as need arises and depending on projects (e.g. BPLS)

Secretariat support to be rotated between DTI and DILG

FunctionsPromote investments at the local level through

reforms

Identify projects that will address constraints to investments at the local level

Seek funding support for its activities and coordinate with development partners in efforts to promote local investments

Coordinate with concerned government agencies and instrumentalities in the conduct of its activities, as necessary

Reform AreasStreamlining local and national regulatory processes

- Fast track BPLS rollout- Conduct onsite coaching

- Strengthen the Capacity Building Process of DTI and DILG in Promoting BPLS Reforms

- Streamline the Permitting Process of Selected National Government Agencies (NGAs)

- Set up a more robust Monitoring and Evaluation System

- Set up an Incentive System for BPLS Reforms

Addressing governance issues that affect investments- national laws vs. local legislations- standards setting

Promoting local economic strategies conducive to investment, e.g. investment promotion, organization of LGU alliances and clusters- Local Investments and Incentives Code (LIIC)

Reform Areas

Reform Areas

Improving information support - enhancing information support for business

matching

Addressing consumer-related issues- standards setting

ResponsibilitiesDILG and DTICo-convene the SWG-LIRProvide secretariat support to SWG-LIRMobilize their regional offices for the organization of

Regional Working Group on Local Investment ReformsProvide funding support from their respective budgets

for activities of SWG-LIR and its regional counterpartsMobilize funding support from development

community for projects of SWG-LIRCoordinate with relevant government agencies in the

conduct of its activitiesFormulate a monitoring and evaluation system

THANK YOU!