The Board of Investments said Wednesday it convened the first meeting of the Investment Promotion Unit Network on June 27, 2024 in Quezon City to improve the ease of doing business for investors in the Philippines.
“The BOI, as the secretariat of IPU-Net, convened the 36-member agency semi-annually to tackle recurring issues and address the complex challenges within the business environment. This continuous dialogue is essential for fostering a more conducive and streamlined investment climate in the Philippines,” Fondevilla said.
Representatives from various IPU-Net member agencies participated in discussions to encourage a more conducive investment climate. Some of the investor-related proposals included digitalizing government operations, streamlining business registration and land conversion and facilitating local government endorsements.