Muntinlupa City Seen To Benefit From DTI-BOI Investment Promotion

041619
The local government of Muntinlupa entered a partnership with the Department of Trade and Industry – Board of Investments in boosting Muntinlupa City as an investment destination. DTI Undersecretary and BOI Managing Head Ceferino Rodolfo signed a memorandum of agreement with Muntinlupa Mayor Jaime Fresnedi for the investment promotion endeavor at Muntinlupa City Hall, Putatan last April 16. Also witnessing the signing ceremony were DTI-BOI Investments Assistance Service Director Atty. Bobby Fondevilla, Muntinlupa City Administrator Engr. Allan Cachuela, Philippine Chamber of Commerce and Industry – Muntinlupa President Elvie Sanchez-Quiazon, and other local officials. (from Muntinlupa PIO press release)

The City Government of Muntinlupa continues to move forward and gain recognition for governance, cooperation and a continued business-friendly approach. For those who are unaware, Muntinlupa was named as the Most Business-Friendly City in 2017 and 2018 and judging from the other kinds of awards it won these past years it proved to be a highly competitive city nationwide.

Very recently I received a press release from the Muntinlupa Public Information Office (Muntinlupa PIO) in which the City Government (led by incumbent Mayor Jaime Fresnedi) announced that it has sealed a partnership with the Department of Trade and Industry – Board of Investments (DTI-BOI).

What’s the partnership about? Specifically the DTI-BOI will promote the city as an investment destination. Already DTI Undersecretary and BOI Managing Head Ceferino Rodolfo signed a memorandum of agreement (MOA) with Muntinlupa Mayor Jaime Fresnedi for the investment promotion endeavor at Muntinlupa City Hall on April 16.

What does this mean? It means the DTI-BOI will assist in boosting Muntinlupa City as an investment destination by providing relevant information on available incentives to potential local and foreign investors.

The investment board shall also provide assistance in the implementation of policies geared towards improvement of processes in starting a business. BOI aims to create an environment conducive to the expansion of existing investments or attracting prospective investments in the city. Further, the board will also conduct a mentoring program for the City Government’s frontline personnel.

During the MOA signing ceremony, Usec. Rodolfo lauded local initiatives and ease of doing business in Muntinlupa City. The BOI exec recognized some innovations facilitated by the City Government and its assistance in Micro, Small, Medium, and Large Enterprises and locators in Muntinlupa.  He also stated that Muntinlupa City is a business destination for high-value investments.

The mayor expressed his thanks to BOI for its assistance and said that the partnership will ripple to significant employment opportunities and the continuous development of local economy.

The way it is right now, Muntinlupa has arguably the most modern business and commercial zones in South Metro Manila. Already many companies have set up offices or corporate headquarters in Filinvest City, Madrigal Business Park, and Northgate Cyberzone in the Alabang area. When it comes to travel, the local connection to the Metro Manila Skyway is a big boost to the city as it allowed countless motorists to travel faster to and from Makati, Manila, Pasay City and the airports.

Things continue to look bright for Muntinlupa.


Thank you for reading. If you find this news article engaging, please click the like button below and also please consider sharing this article to others. Also my fantasy book The World of Havenor is still available in paperback and e-book format. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s