President Ferdinand “Bongbong” Marcos Jr. is set to sign an executive order that aims to promote ease of doing business in the country and attract foreign investments.
During the meeting, DTI presented the proposed EO on the Creation of Green Lane for Strategic Investments after identifying the barrier across multiple regulatory agencies that hamper the smooth entry of foreign direct investments in the country. “Malaking bagay yun . That will address immediately yung tinatawag na ease of doing business na laging nirereklamo sa atin ,” Marcos said during the meeting.
The proposed EO will cover all national government agencies and their regional and provincial offices, local government units and quasi-judicial bodies involved in issuing permits and licenses necessary for establishing strategic investments in the country.
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