Capacity Building Training on Attracting Foreign Direct Investments to Negros Occidental
July 27, 2023
Negros Occidental, Philippines – In a bid to bolster economic growth and attract foreign investments, a Capacity Building Training on Attracting Foreign Direct Investments was successfully held from July 19 to 21, 2023, at the Food Terminal Market of Negros Occidental (FTMON). The training aimed to equip Local Government Units (LGUs) in Negros Occidental with the necessary skills and knowledge to enhance their Investment Promotion capabilities, particularly within the Investment and Promotion Unit.
Organized and facilitated by the Provincial Economic Development and Investment Center, the event brought together Local Economic Development and Investment Promotions Officers from various LGUs across Negros Occidental.
The three-day training had a specific focus on understanding the importance of Foreign Direct Investments (FDI) and providing LGUs with effective strategies to facilitate investments within their localities. With the potential to create jobs, stimulate economic growth, and promote development, foreign direct investments play a crucial role in the advancement of regions like Negros Occidental.
Among the distinguished personalities who shared their expertise during the training were Director III of the Board of Investments (BOI) DIPS, Maria Rosario Dominguez, and Ms. Floreza Alpuerto, the Chief Investments Specialist from BOI Cebu.
The event also featured an Evaluation Panel composed of esteemed representatives from the Board of Investments and the Department of Trade and Industry Negros Occidental, tasked with assessing the effectiveness of the training and providing valuable feedback.
The Evaluation Panel members from the Board of Investments were Dir. Maria Rosario Dominguez – Director III, BOI Domestic Investment Promotion Service, Ms. Floreza Alpuerto – Chief Investments Specialist, Mr. Ariel Añedes – Supervising Investments Specialist, and Ms. July Anne Guibone – Investments Specialist. Also Mr. Engiemar Tupas, OIC Division Chief, Industry Development Division from the Department of Trade and Industry Negros Occidental, who lent his expertise to the evaluation process.
The training received positive feedback from the participants, who expressed gratitude for the invaluable insights shared by the resource persons and the opportunity to strengthen their skills in promoting investments within the region.
This Capacity Building Training marks a significant step forward for Negros Occidental in its pursuit of economic growth and development through attracting foreign direct investments. With the LGUs now better equipped with essential knowledge and strategies, the province is set to position itself as an attractive destination for foreign investors, potentially unlocking a new era of prosperity and progress for the region.
For more information on this event and future investment opportunities in Negros Occidental, please visit www.investnegrosoccidental.com.