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Saturday, April 27, 2024

Munti named Most Business Friendly LGU

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By supporting businesses to make it “BIG in MUNTInlupa” and exemplifying ease in doing business locally, the Philippine Chamber of Commerce and Industry has hailed Muntinlupa City as the 2017 Most Business Friendly Local Government Unit for Level 1 Category.

PCCI lauded other winning cities, provinces, and municipalities with outstanding programs and policies that create an environment conducive to business during the 43rd Philippine Business Conference at the Manila Hotel last Oct. 19.

President Rodrigo Duterte attended the ceremony and presented the award to Mayor Jaime Fresnedi and other local executives.

PCCI President George Barcelon lauded the initiatives and strong partnership of the LGUs with the private sector and local chamber for achieving reforms particularly in the ease of doing business.

Zest-O Corp. will be donating a one-storey school building in Muntinlupa for winning this year’s Search.

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Other winning LGUs are Tagum City in Davao (Level 2 Category); Vigan City, Ilocos Sur (Level 3), and Bohol Province (Provincial Category).

Muntinlupa Mayor Jaime Fresnedi (second from left) receives a plaque from President Rodrigo Duterte after the city won the Most Business-Friendly LGU Award, Level 1 Category from the Philippine Chamber of Commerce and Industry awards at the Manila Hotel last Thursday. Joining Fresnedi were City Administrator Allan Cachuela and Local Economic and Investment Promotion Officer Gary Llamas.

Muntinlupa City is at the forefront of innovation in investment promotion and streamlining business procedures by pioneering the implementation of Business One Stop Shop – Single Window Transaction.

Through MBOSS-SWiT, the total processing time of business registration takes as short as 15 minutes for applications with complete requirements. This innovation continues to be the subject of many benchmarking activities, both local and international.

Muntinlupa has also heralded the growth of start-up businesses through its microfinance assistance, zero-percent interest loan “Dagdag Puhunan Program.”

Through the seamless microfinance access, thousands of local micro-entrepreneurs benefit from zero-interest loans and start-up capital with flexible payment terms.

Also, Muntinlupa City is set to be the first “halal hub” in the region in partnership with the Department of Trade and Industry.

PCCI lauded Muntinlupa in facilitating best avenues for fixed investors and micro, small and medium enterprises to grow their businesses.

Fresnedi said this accolade is a testament to the realization of the city’s vision to be one of the leading investment hubs in the country.

Annually, PCCI recognizes LGUs that have demonstrated outstanding efforts in instituting good governance reforms to promote trade and investments, employment, transparency, accountability and efficiency in delivering business services to fuel up local inclusive growth.

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