The highly-anticipated “Quezon City Investors Summit: Future Ready” will promote Quezon City as an ideal destination for investors and businesses as they continue to recover from the effects of the COVID-19 pandemic.
"The summit will put the
spotlight on Quezon City as top business destination for local and
international investors. We hope to attract many investors who can help further
stimulate the economy and provide employment for QCitizens,” Mayor Belmonte said.
Scheduled on
Oct. 7 at Novotel Manila at the Araneta City, the event will engage investors,
business leaders, business associations, chambers of commerce, foreign
dignitaries, and Quezon City government officials in discussions on key areas for
investments, public-private partnerships and opportunities for expansion and
growth.
“Quezon City is future ready, ready
for investors, ready to build a better and more prosperous city so that our
QCitizens will be able to enjoy the resulting benefits,” said Margarita Santos, head of the
Business Permits and Licensing Department (BPLD) of Quezon City.
Aside from
its strategic location, Quezon City also has the homegrown QC E-Services
platform that makes business processes such as permit and license applications
easy for investors, according to Santos.
“The LGU has automated and digitized
95 percent of the city’s services through its QC E-Services platform. This
means potential investors can apply for business permits online,” said Santos, adding that the “permit will even be delivered to the
applicant’s business or home address free of charge.”
As a matter
of principle, the Quezon City government constantly consults and coordinates
with the business sector, which has enabled both sectors to build a relationship
of mutual respect and support. “This
continued dialogue with the private sector helps all stakeholders to address
various challenges and issues, and to think up ways to create a free, fair and
fertile business environment,” Perry Dominguez, head of the Local Economic
Investment Promotions Office, points out.
The local
government is known as an ardent supporter of micro, small and medium
enterprises (MSMEs), providing them with incentives from tax breaks, tax
payment extensions to changing the validity of business permits and licenses to
help businesses especially during the pandemic.
Soon, Quezon
City will launch its Start-Up QC program to further strengthen and develop the
city’s start-up business ecosystem. “This
program is calibrated to provide financial gains to innovative, creative and
promising business models that can help provide solutions and recommendations
to social issues and challenges,” Jay Gatmaitan, Investment Affairs Office
head, explained.
The city’s
commitment to good governance saw results when the Quezon City government
received its second straight unqualified opinion from the Commission on Audit
for its annual audit report for the year 2021. An unqualified opinion is the
highest audit rating that can be rendered by COA to a government agency.
Recognized
for its quality public service, Quezon City has increased its social services
budget over the past three years, enabling the local government to provide
livelihood opportunities and create more jobs, support education, and provide permanent
housing, better healthcare and social safety nets, among others.
Earlier,
Margie Santos, head of the summit’s organizing committee, said this gathering
of business leaders aims to build investor confidence in Quezon City; generate
investments and public-private partnerships and make Quezon City the top of
mind preferred investment destination.
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