The Board of Investments (BOI), in collaboration with the Bureau of Customs-Manila International Container Port (BOC-MICP) and the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), committed to enhancing customs procedures for the importation of motor vehicle parts.
BOC-MICP, in a meeting on Sept. 16, 2024 in Manila, welcomed BOI and CAMPI as new members of the Customs Industry Consultative and Advisory Council (CICAC).
Key attendees included BOI executive director Bobby Fondevilla; Ernesto Delos Reyes Jr., director of the Investment Assistance Service (IAS); district collector Carmelita Talusan; and CAMPI president Rommel Gutierrez.
The meeting focused on strengthening collaboration to modernize customs procedures and support the automotive industry’s growth.
“This partnership will effectively address the challenges faced by our importers and promote long-term, sustainable growth for the automotive industry in the country,” said Fondevilla.
Delos Reyes noted the importance of having a dedicated focal person from BOC to assist investors engaging with the BOI. “It is crucial to adopt a holistic government approach to have effective and efficient investment facilitation to sustain investments in the country,” he said.
Talusan reiterated BOC’s unwavering support for BOI, CAMPI, and the local automotive industry. “We are committed to providing a more efficient and transparent customs process to support the competitiveness of the automotive sector. The partnership with BOI and CAMPI is crucial in advancing the country’s economic growth,” she said.
BOI teamed up with 38 government agencies, including the BOC, through the Investment Facilitation Network.
