Economic planners in Davao City are bullish about implementing the Supreme Court’s Mandanas ruling that increased the national internal revenue allotments share of local government units. /PDI
She said good governance at the local level, such as the implementation of business processing and permitting and licensing systems through digital platforms and updating their investment approach to provide incentives to investors would also boost their capacity to attract investments. Lim said they could conduct more promotional and marketing activities through festivals, fairs and exhibits. “These would be opportunities for more investors to come,” she said.
Neda expects growth in investments in the Davao region this year due to the “speedy post-pandemic recovery efforts of global, national, and local economies,” according to Lim.
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