Benguet officials benchmark N. Samar’s investment programs

The Northern Samar provincial government has welcomed key officials from the Benguet provincial government for the benchmarking of investment initiatives in the province.

Jhon Allen Berbon, Northern Samar provincial economic development and investment promotions office (PEDIPO) head, said they are happy that a province in Luzon is interested in learning the best practices of the province.

‘The activity provided a platform for Benguet officials to learn from Northern Samar’s successful strategies in leveling up its investment efforts. The exchange of ideas underscores Northern Samar’s growing reputation as a model for effective investment initiatives,’ Berbon said in a phone interview Thursday.

Governor Edwin Ongchuan and Vice Governor Clarence Dato led in welcoming the 16-man delegation from Benguet province during their arrival at the Catarman Airport on Aug. 28.

On Thursday, the team led by Benguet senior Board Member Marie Rose Fongwan-Kepes attended an orientation at the provincial capitol as part of
their four-day learning visit.

Presentations are centered on the Northern Samar Green Lane, a streamlined process designed to facilitate and attract investments to the province.

Also presented are the province’s best practices in driving economic development.

‘By sharing our best practices with the visiting officials from Benguet, the province not only strengthens its reputation as a model for growth but also opens up opportunities for future collaborations and partnerships that can further enhance its economic landscape,’ Berbon said.

Recently, the province has been attracting major investments, particularly in the areas of renewable energy and digital infrastructure.

Among these are the common cell sites project of Philtower Consortium, the offshore wind power project of Copenhagen Infrastructure Partners and Aboitiz Infrastructure; the tidal energy project of Energies PH Inc., the first of its kind in the Philippines and Southeast Asia; the wind turbine project of Envision Energy; and the hydroelectri
c power plant of EBTech.

The green lanes for strategic investments were established through Executive Order No. 18, which was approved by the Office of the President in February last year.

Source: Philippines News agency