Office of The Municipal Mayor: Purok-4, Poblacion, Veruela, Agusan Del Sur 8509
Office of The Municipal Mayor: Purok-4, Poblacion, Veruela, Agusan Del Sur 8509
WHEREAS, DILG Memorandum Circular No. 2020-167 dated December 9, 2020 provides guidelines
on promoting Local Economic Development and Investment Promotion Office/Unit in all provinces, cities and
municipalities;
WHEREAS, in adherence to DILG Memorandum Circular No. 2010-113, the Local Chief Executive
issued Executive Order No. 2018-020 on December 20, 2018 designating a Municipal Economic and
Investment Promotion Officer;
WHEREAS, there is a need to establish LEDIP Unit in order to facilitate the preparation, coordination
and execution of local economic development and investment promotion programs of the municipal
government;
NOW THEREFORE, I, MYRNA S. MONDEJAR, Municipal Mayor of Veruela, Agusan del Sur, by
virtue of the power vested in me by law do hereby order the establishment of Local Economic Development and
Investment Promotion Unit and designation of MR. GEL ARCHIE V. BRIONES as the Local Economic
Development and Investment Promotion Officer.
Section 2. DUTIES AND FUNCTIONS. The Unit will take charge of all activities related to LGU
investment facilitation and promotion activities, local enterprise development, establishment of support
mechanisms for the growth of Micro, Small and Medium Enterprises (MSMEs) Development and Investment
Promotion Office, provide mechanisms for business retention and expansion, and other business economic
activities to attract investments and generate employment. It shall be headed by the Local Economic
Development and Investment Promotions Officer (LEDIPO). Specific functions of the office are as follows:
1. Serve as member of the advisory group that will guide the LGU for investment promotion;
2. Steer the creation of business enabling environment to attract, retail or expand investments.
3. Advocate and promote policies and practices that will encourage local investments such as:
a. Preparation of LGU Economic Development aligned with the Provincial Development and
Physical Framework Plan (PDPFP), Comprehensive land Use Plan (CLUP), Comprehensive
Development Plan (CDP) and Local Investments and Incentive Code as may be applicable.
b. Assist in the formulation of Local Investments and Incentive Code (LIIC).
c. Marketing and Promotion Strategies of the LGU.
4. In close coordination with the Local Planning and Development Coordinator; identify revenue
generating and enterprise development projects of the LGU which may be implemented by the private
sector through Public-Private Partnership (PPP) arrangements;
5. Provide support and facilitation assistance for prospective and new investors;
6. Establish and maintain a local economic database containing relevant facts and figures on the local
economy to be able to provide information about business potentials of the LGU including its services to
prospective investors to attract more investment to flow in the locality.
7. Conduct mission trips in relation to promotion and marketing activities of the LGU to attract
investments;
8. Assist and support local councils whose undertakings are related to economic development;
9. Assist in the promotion and development of Micro, Small and Medium Enterprises (MSMEs) in the
locality, as well as all other potential investors, particularly in (1) securing licenses and permits, (2)
identifying business or joint venture partners, raw materials suppliers and possible business sites, (3)
sourcing skilled manpower and service providers, and (4) facilitating the resolution of issues and
concerns encountered by business entities;
10. Establish and maintain partnership with Regional Office of National Economic Development Authority
(NEDA), Public-Private Partnership (PPP) Center, Department of Trade and Industry (DTI), DTI-Board
of Investments (DTI-BOI), National Competitiveness Council (NCC); Department of Science and
Technology (DOST), Department of Finance (DOF), Bureaus and attached agencies such as Bureau of
Internal Revenue (BIR), Bureau of Customs (BOC), Securities and Exchange Commission (SEC), and
Bureau of Local Government Finance (BLGF), along with other national government regulatory
agencies and with the private sector, NGOs/CSOs, academe and other stakeholders in the
implementation of programs, projects and activities that will promote the business-friendliness and
competitiveness of the LGU.
11. Represent the Municipality in trade and investment meetings, conferences, and other similar activities in
both domestic and foreign venues.
12. Prepare and disseminate investments promotion collaterals, e.g., brochures, and a website of the LGU
for the purpose of information dissemination, including issuing reminders to Registered Enterprises, and
providing information relevant to investors, among other information generally relevant to doing
business.
Section 3. EFFECTIVITY. This Executive Order shall take effect immediately and will prevail until
further revoked.
Done this 25th day of October, 2021 in the Municipality of Veruela, Agusan del Sur, Philippines.