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Members of the Davao del
Norte Investments and Incentives Board chaired by Governor Rodolfo P. Del
Rosario (3rd from right, first row).
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The Davao del Norte Investments and Incentives Board (DdNIIB) had its
first Meeting last February 11, 2015 at the Office of the Provincial Governor,
to finalize the Implementing Rules and Regulations (IRR) of the Davao del Norte
Investments and Incentives Code. Composed of representatives from the
Public and Private sectors and Chaired by the Honorable Governor Rodolfo P. Del
Rosario, the Board approved the IRR and other documents necessary for the
implementation of the Code.
The approval of the said IRR and other documents signals the readiness
of the Board to hit the trail towards providing fiscal and non-fiscal
incentives to qualified enterprises and working on other investments-related
activities such as promotion and policy recommendation.
In his message to the members of the Board, Governor Del Rosario
emphasized the role of the approved Local Investments and Incentives Code
(LIIC) in generating investment, employment and revenue of the province. “The Local Investments and Incentives Code of
the province will serve as the policy support
to the regional economic development and the Asean Economic Cooperation (AEC)
Integration. It is expected that with the approved Code, more inflow of foreign
and local investments will be generated.”, del Rosario said.
Members of the Board coming from the private sector are the Chambers of
Commerce and Industry of Tagum City and Panabo City, Provincial Agriculture and
Fishery Council, and Filipino-Chinese Chamber of Commerce and Industry.
By: Gelyn S. Llana, Investment Promotion Officer - DTI Davao del Norte
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