Local Economic Investment Promotions Office

Local Economic Investment Promotions Office

About Local Economic Investment Promotions Office

LEGAL MANDATE The Local Economic Investment Promotions Office (LEIPO) was created pursuant to Ordinance No. SP-2219, S-2013. The LEIPO shall be the implementing arm of the Quezon City Economic Development Incentives Code. It shall coordinate the drafting of the Quezon City Investment Priorities Plan, which shall be based primarily on the development agenda set forth by the City as embodied in its various policy documents, and also taking into consideration the economic development plans and policies outlines by the various national government agencies. VISION LEIPO envisions a business-friendly city that creates and promotes an environment conducive to the entry and growth of enterprises in the city. The office foresees the city as a premier destination for investors and businesses that thrive and develop in partnership with the local government, generating employment for its residents and creating a cycle of sustained development and inclusive growth. MISSION LEIPO shall develop policies and programs to enhance the business climate to attract investors and to support existing businesses. LEIPO shall also consider economic developments and investment priorities and trends in the Philippines and in the rest of the world that will have an impact on Quezon City to create, adapt and adopt more responsive policies and programs. The office shall also provide incentives for enterprises that generate significant levels of employment for QC residents, maintain the same and make significant investments in growth areas. The office shall also delineate the economic directions and investment priorities of the city and enact policies and programs that will facilitate access to investment sites. Lastly, LEIPO shall promote public-private partnerships, recognizing PPP as a potentially significant investment strategy, by providing incentives to private sector proponents of PPP projects.
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