PIPP-SC to convene in Zambo City July 24-26 for planning workshop PDF Print E-mail
Thursday, 24 July 2014 13:38

The heads of the country’s major investment promotion intermediaries (IPIs) who comprise the Philippine Investment Promotion Plan Steering Committee (PIPP-SC) will convene in Zamboanga City for a three-day planning workshop on July 24-26, 2014, at Garden Orchid Hotel.

The 18-member PIPP-SC, to include ZAMBOECOZONE and Freeport Authority Chairperson and Administrator Christopher Lawrence S. Arnuco,is set to evaluate the current investment promotions plan and assess the aggregate performance of the member IPIs relative to the 2010-2014 investment plan.

The workshop expects the PIPP-SC to conceive promotional stratagems and formulate plans for synchronized marketing efforts, as well as to fashion the framework for the creation of the long and medium term promotions plans of the county, which will guide the member agencies for the next five years.

Mr. Arnel Paciano D. Casanova, Esq., President and Chief Executive Officer of the Bases Conversion and Development Authority and current Chairman of the PIPP-SC, will lead the 50-man participants in the workshop.

The crafting of the Philippine Investment Promotions Plan was first announced in May 2009, and was funded by the Japan Intentional Cooperation Agency, to harmonize the incentives offered by the different investment promotion agencies/intermediaries and to synchronize their investment promotions activities, with the goal of boosting the country’s competitiveness, generating more direct investments and creating more employment opportunities – to foster a sustained inclusive growth for the country.

Currently there are 18 Investment Promotion Intermediaries (IPIs), namely: Bases Conversion and Development Authority, Board of Investments, Aurora Pacific Economic Zone and Freeport Authority, Authority of the Freeport Area of Bataan, Cagayan Economic Zone Authority, Clark Development Corporation, John Hay Management Corporation, Mindanao Development Authority, Philippine Economic Zone Authority, Philippine Retirement Authority, Phividec Industrial Authority, Poro Point  Management Corporation, Regional Board of Investments-ARMM, Subic Bay Metropolitan Authority (SBMA), Tourism Promotions Board, Tourism Infrastructure and Enterprise Zone Authority, Japan International Cooperation Agency, and the ZAMBOECOZONE and Freeport Authority.

The 2015-2019 Philippine Investment Promotion Plan will serve as the road map for all the IPIs and outline a coordinatedand focused international marketing effort that would maximize the country’s marketing resources and promote the various and varied investment opportunities in the different growth centers around the Philippines.

The PIPP-SC planning workshop in Zamboanga City was organizedthrough the concerted efforts of the ZAMBOECOZONE and Freeport Authority, the City Government of Zamboanga and the Zamboanga City Congressional Offices of Districts I and II.

The gathering of country’s premier investment promotions managers will afford the Authority a unique opportunity to present the numerous investment opportunities and showcase the progressive business climate of Zamboanga City and the ZAMBOECOZONE, and likewise enhance the status and standing of the ZAMBOECOZONE Authority among the PIPP members and allow it to better posture and position the zone towards more favorable investment prospects – hence fulfilling its mandate of bringing-in direct investments and generating more employment for the City’s populace.