THE City Government of Cagayan de Oro, in partnership with the Department of Trade and Industry–Board of Investments, stages its BOI-Awareness Seminar to Strengthen the Investors and Stakeholders today, October 28, in this city.
With the theme “Promoting, Accelerating, Sustainable Investment Growth,” the activity provides local stakeholders and the business community with insights on government assistance programs, as well as opportunities to access BOI services and support mechanisms.
Speaking at the BOI-ASSIST in Cagayan de Oro City, October 28, BOI-Investment Assistance Center Executive Director lawyer Bobby F. Fondevilla said that the agency aims to ensure that national investment policies are genuinely felt by investors on the grounds.
He added that the event features talks and learning sessions on BOI initiatives for ease of doing business, local investment opportunities, and investment policies to equip stakeholders with vital information, strengthen national–local collaboration, and drive sustainable growth in the city and the region.
Representing Cagayan de Oro City Mayor Rolando “Klarex” Uy today is City Administrator Atty. Roy Hilario P. Raagas, who underscored the timeliness of the BOI-ASSIST initiative as Cagayan de Oro celebrates Business Month, highlighting the seminar’s role in promoting and sustaining investment growth here.
He said the activity aids in strengthening partnerships with government, investors, and local stakeholders to scale up the local economy, especially as CDO continues to position itself as northern Mindanao’s preferred investment hub.
Representing DTI-10 Regional Director Ruel B. Paclipan, Assistant Regional Director Almer R. Masillones highlighted that initiatives like the BOI-ASSIST empower key industry players and strengthen northern Mindanao’s position as a vital contributor to a future-ready, investment-friendly Philippines.
She noted the region’s steady economic growth, strong agricultural and industrial sectors, and Cagayan de Oro’s role as a gateway for trade and innovation. She added that DTI continues to support MSMEs through clear and accessible investment policies, market expansion efforts, and programs that drive competitiveness and inclusive development.
BOI-Investments Assistance Service Director Ernesto C. Delos Reyes Jr. discusses the BOI’s initiatives to ensure Ease of Doing Business during the BOI-ASSIST today, October 28. Among these is the creation of Green Lanes for Strategic Investments, aligned with Executive Order No. 18, which aims to expedite, streamline, and automate government processes for strategic investments.
According to Delos Reyes, the establishment of Green Lanes across all government agencies, including LGUs, is mandatory under EO 18. “Kapag walang investor, wala ang ekonomiya natin. Maliit man yan o malaki, dapat tulungan,” Delos Reyes said. TEXT FROM PIA 10/PHOTO COURTESY OF ORO TIPC
Oro TIPC hosts BOI awareness seminar for Region 10 businesses
