Working Group on Growth and Investment Climate (WG-GIC) WG-GIC Work Plan Mr. Hans Shrader International Finance Corporation (IFC) Co-Convener, WG-GIC 1 st WG-GIC Meeting for 2012 Audio-Visual Room, BOI Penthouse 30 March 2012, 2:00 p.m. 1

 Preparatory Activities - Sector Writeshop - Planning Workshop  The Plan Theme 1: Improving Environment for Investment Theme 2: Increasing Productivity and Efficiency of Firms Theme 3: Enhancing Consumer Welfare OUTLINE 2

Sector Writeshop and Planning Workshop  Sector Writeshop and Planning Workshop conducted in 2011  Results of Sector Writeshop and Planning Workshop as inputs in drafting the GIC Work Plan 3

THE PLAN Development AgendaDesired Development Outcome Project Activities 1. Conducive enabling environment to attract investments 1.1 Consistent laws and policies on investments Support bills and policies on investment promotion and enhanced competitiveness Address inconsistencies of existing laws, implementing rules and regulations (IRRs), department orders (DOs) and local regulations in the priority sectors of government Use of Alternative Dispute Resolution (ADR) for investment-related conflicts Formulation of various long- term development plans of industries or sectors Theme 1: Improving Environment for Investment 4

THE PLAN Development AgendaDesired Development Outcome Project Activities 2. Strengthened governance at the local level 21. LGUs with streamlined business registration procedures Roll out standards on BPLS to targeted LGUs Support the expansion of the Philippine Business Registry Assist LGUs in BPLS Automation Assist LGUs in reforming Inspection System Formulate reforms in securing construction permits Expand the use of Business One- Stop-Shops (BOSS) Theme 1: Improving Environment for Investment 5

THE PLAN Development AgendaDesired Development Outcome Project Activities 2.2 Strengthened information support to local investors Strengthen the National Economic Research and Business Action Centers (NERBACS) and its support to LGUs Strengthen the newly-created Local Economic and Investment Promotion Officers (LEIPOs) 3. Adequate infrastructure and logistical support for investments 3.1 Strengthened private sector involvement in infrastructure development Set up system for facilitating permitting process for PPP participants 3.2 Improved capacity of LGUs for infrastructure development Encourage LGUs to participate in PPP and other financing modalities for local infrastructure development Theme 1: Improving Environment for Investment 6

THE PLAN Development AgendaDesired Development Outcome Project Activities 4. Strong policy support for sector development 4.1 Conducive policy environment for sector growth Address policy and institutional gaps in the priority sectors of the Aquino administration Theme 1: Improving Environment for Investment 7

THE PLAN Development AgendaDesired Development Outcome Project Activities 1. Improved productivity of firms 1.1 Reduced cost of doing business Strengthen monitoring of Anti- Red Tape Act 2. Enhanced MSME development 2.1 MSME development accelerated Provide MSMEs with access to information on financing options Address the lack of appropriate technology for MSMEs Assist MSMEs to tap opportunities offered by Free Trade Agreements (FTAs) and OFW remittances Strengthen institutional support for MSMEs at the local level Theme 2: Increasing Productivity and Efficiency of Firms 8

THE PLAN Development AgendaDesired Development Outcome Project Activities 1. Ensuring consistent laws to protect consumers 1.1 Strengthened policy for environment for consumer protection Evaluate legal statutes and policies on consumer protection Promote and enforce product and service standards that are harmonized with international standards (quality, safety, environmental) 1.2 Capable qualified manpower are regulatory agencies Address the lack of qualified (trained) manpower in regulatory agencies 1.3 Informed and knowledgeable consumers Strengthen consumer welfare advocacy Theme 3: Enhancing Consumer Welfare 9

Working Group on Growth and Investment Climate (WG-GIC) THANK YOU! 10