Tagbilaran City going for “quick wins” to improve business climate here

The second salvo of the Local and Regional Economic and Development Planning  (LRED) meeting convened stakeholders from the city government, business, academe, national government agencies, and non-governmental organizations to craft an economic growth action plan which is implementable between six to 12 months.

The target of the gathering was to come up with quick wins to address the “burning issues” of Tagbilaran City by providing implementable solutions in the shortest time possible. The interventions must reinforce Tagbilaran City’s vision of becoming a highly urbanized, resilient and livable city by 2030.

Facilitated by a trained expert in business competitiveness, Miriam Inting Bacalso, the two-day workshop generated meaningful results from the participants. After much discussion, four areas were identified by the participants.

These four pillars were deemed to be the major drivers which would propel Tagbilaran City to achieve business competitiveness and thereby attract possible investors.

These pillars include the strengthening of Investment Promotions, which includes the updating of the Investment and Revenue Code of the City, Greening and Sustainability Initiatives which would promote green economy, championing the protection of the environment and economic advancement, then the third pillar, Compliance to Labor Standards, advocates the creation of well-paying jobs and skilled Tagbilaranons, then the last pillar was the Improvement of Governance, this emphasized the need to enhance the information dissemination of the City Government geared to ensure stakeholders’ engagement in the projects and programs of the local government.

Prior to the action planning. USAID-SURGE Coordinator, Linda Paredes gave a brief lecture on economic visioning.

Bacalso also presented the results of the rapid economic appraisal conducted last month where respondents from the business, academe, city government and other sectors were surveyed.

Most of the respondents agreed that the economy of Tagbilaran has improved over the past years and that the City Government has an active partnership with the private sector.

The survey also showed that most businesses in the City has invested for expansion and said that the streamlined business permitting application in the City Government proved to be effective.

LRED is a financial grant given by the Department of Trade and Industry (DTI) and Department of Interior and Local Government (DILG) Bottom-Up Budgeting.

The two-day workshop was organized by the Local Investment Office headed by BebinInting in partnership with the City Planning and Development Office led by Engr. Estella Margate, City Administrator Leonides Borja and USAID-SURGE.

The city leadership believes that a clear understanding of the needs of the local businesses will assist the City Government to develop strategies towards competitiveness.This engagement with the external stakeholders would enable the LGU tolaunch doable interventions geared to assist market-oriented investments.

 

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