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City Councilors Urge for a Favorable Investment Climate in Quezon City

As part of the main thrusts of the City in providing quality service where people do business in a friendly, progressive and peaceful environment, the 18th City Council has again crafted another milestone ordinance that will establish its vision to steer the City towards a favorable investment climate. As a result, the council has approved the QC Economic Development Incentives Code of 2013 on its 2nd Reading last April 22, 2013.

This anticipated milestone ordinance of the City, which undergone a series of workshop seminars, committee meetings and public consultations with stakeholders in the private sector, aims to utilize the wide array of opportunities for commercial, industrial service and other economic and socio-economic investment projects that can provide a sustainable solution in alleviating poverty in QC.

This Code will ensure the harmonization of the various national development policies, plans and programs together with the Revised QC Comprehensive Zoning Ordinance (Series of 2013), Comprehensive Land Use Plan, Comprehensive Development Plan, Tourism Development Plan and other policy frameworks to generate more jobs and enhance the delivery of basic social services.

As they envision it, City Councilors find it necessary to craft a measure that will rationalize the incentives in attracting investors into the City, particularly those identified as providing greater value-added benefits to the City and its people through a collaborative and supportive programs and projects

 
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