The Anti-Red Tape Authority (ARTA) recently conducted an Economic and Ease of Doing Business briefing to strengthen strategic investment and promote economic opportunities. The event featured Secretary Frederick D. Go, the newly appointed Special Assistant to the President (SAPIEA) for Investment and Economic Affairs.
Sec. Go outlined the priorities of the Office of the Special Assistant to the President for Investments and Economic Affairs (OSAPIEA). One of their key priorities is the enhancement of the Public-Private Partnership (PPP), updating the 29-year-old Build, Operate, Transfer, or BOT Law. This initiative aims to rejuvenate partnerships and foster unsolicited joint ventures as a PPP modality—additionally, Sec. Go highlighted the recently passed Ease of Paying Taxes laws and the simplification and streamlining of foreign investment laws.
Under the theme “From Red Tape to Red Carpet: Charting Progress through Strategic Investment and Boosting Economic Opportunities,” the event emphasized the strong collaboration between the public and private sectors. This collaboration is essential for delivering high-quality and cost-effective projects, aligning with President Marcos’ commitment to stimulate the country’s economic growth further.
The briefing, which took place on January 24, 2024, at the Manila Hotel, was attended by various government agencies and the private sector. AGPM