{"id":7048,"date":"2025-03-28T22:17:51","date_gmt":"2025-03-28T14:17:51","guid":{"rendered":"https:\/\/puertoprincesa.ph\/?page_id=7048"},"modified":"2025-04-06T18:15:48","modified_gmt":"2025-04-06T10:15:48","slug":"local-economic-and-investment-promotions-office","status":"publish","type":"page","link":"https:\/\/tempmain.puertoprincesa.ph\/index.php\/local-economic-and-investment-promotions-office\/","title":{"rendered":"Local Economic and Investment Promotions Office"},"content":{"rendered":"\t\t
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Local Economic & Investment Promotion Office<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\"Romalisa\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\n\t\t
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Romalisa A. Patacsil<\/h3>\n\t\t\t\n\t\t\t\t\t\t\t
Development Manager Officer III<\/div>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\"Romalisa\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\n\t\t
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Romalisa A. Patacsil<\/h3>\n\t\t\t\n\t\t\t\t\t\t\t
Development Manager Officer III<\/div>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\"Merilyn\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\n\t\t
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Merilyn R. Villamel<\/h3>\n\t\t\t\n\t\t\t\t\t\t\t
Development Manager Officer II<\/div>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\"Jose\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\n\t\t
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Jose B. Cisneros<\/h3>\n\t\t\t\n\t\t\t\t\t\t\t
Development Manager Officer III (Computer Operator II)<\/div>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\"Catherine\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\n\t\t
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Catherine Fabellorin<\/h3>\n\t\t\t\n\t\t\t\t\t\t\t
Administrative Aide (Clerk II)<\/div>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t
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LOCAL ECONOMIC MANAGEMENT DIVISION<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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VISION & MISSION<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t
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POWER & FUNCTIONS<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t
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DIVISIONS & SECTIONS<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t
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VISION\u00a0<\/p>

  1. A dynamic marketing arm of the city government with ethical, dedicated and responsive staff committed to promote the city\u2019s investment potentials towards achieving inclusive economic and business growth in partnership with the private sector.<\/li><\/ol>

    MISSION<\/p>

    1. To encourage investments by providing quality services on investment promotion and economic development.\u00a0<\/li><\/ol><\/div>\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t
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      1. To serve as a policy and advisory group that will guide the LGU\u2019S policies and programs for investment promotion.<\/li>
      2. To identify key opportunities and issues facing local business and to advocate and promote policies and practices that promote investments and create employment;<\/li>
      3. To provide advice and guide the LGU in appropriate strategies, programs and projects to develop the local economy;<\/li>
      4. To spearhead the implementation of the \u201cNew Puerto Princesa City Investment Code of 2010.\u201d<\/li>
      5. To advice the City Mayor in the issuance of Executive Orders in relation to investment and business climate in the City of Puerto Princesa;<\/li>
      6. To perform such other duties as may be assigned by the City Mayor.<\/li><\/ol><\/div>\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t
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        Division Head<\/p>

        1. Development Management Officer IV (Local Economic and Development Management Officer), SG 22;<\/li><\/ol>

          Administrative Section<\/p>

          1. Administrative Assistant III (Computer Operator II) SG 9;<\/li>
          2. Administrative Aide (Clerk II), SG 4;<\/li><\/ol>

            Economic and Development Management Section:<\/p>

            1. Development Management Officer III, SG 18;<\/li>
            2. Development Management Officer II, SG 15;<\/li>
            3. Economic Researcher, SG 9<\/li><\/ol><\/div>\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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              The Economic and Investment Promotion Office (EIPO) provides tax incentives to businesses and investors through City Ordinance No. 461, also known as the Puerto Princesa City Investment Code of 2010. This ordinance aims to encourage local and foreign investments by offering tax relief and other financial benefits to enterprises that contribute to the city\u2019s economic growth. By reducing financial burdens, the ordinance helps businesses establish and expand operations within Puerto Princesa, fostering a more competitive and business-friendly environment. These incentives apply to various industries, including tourism, agriculture, manufacturing, and other key sectors that support the city's sustainable development.\n

              \nAdditionally, City Ordinance No. 919, known as the \u201cTourism Mile\u201d, designates a specific stretch of road along Rizal Avenue Extension to Abrea Road, extending up to the third lot of Barangay Bancao-Bancao. This ordinance promotes economic activity within the designated area by encouraging tourism-related businesses such as hotels, restaurants, and entertainment hubs. The goal is to enhance Puerto Princesa\u2019s reputation as a prime tourist destination by providing incentives to businesses that improve infrastructure, services, and attractions within the Tourism Mile. Through these strategic initiatives, the EIPO seeks to boost investment, create job opportunities, and further drive the city\u2019s economic progress.<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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              INVEST AND GROW WITH US!<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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              Ground Floor, Old City Hall Building, Bgy. Sta. Monica, Puerto Princesa City, Palawan, Philippines 5300
              Mobile No. (+63) 939 890 0827\/(+63) 915 460 4906
              \nEmail: investmentofficepuertoprincesa@gmail.com<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

              Local Economic & Investment Promotion Office Romalisa A. Patacsil Development Manager Officer III Romalisa A. Patacsil Development Manager Officer III Merilyn R. Villamel Development Manager Officer II Jose B. Cisneros Development Manager Officer III (Computer Operator II) Catherine Fabellorin Administrative Aide (Clerk II) LOCAL ECONOMIC MANAGEMENT DIVISION VISION & MISSION POWER & FUNCTIONS DIVISIONS & SECTIONS VISION\u00a0 A dynamic marketing arm of the city government with ethical, dedicated and responsive staff committed to promote the city\u2019s investment potentials towards achieving inclusive economic and business growth in partnership with the private sector. MISSION To encourage investments by providing quality services on investment promotion and economic development.\u00a0 To serve as a policy and advisory group that will guide the LGU\u2019S policies and programs for investment promotion. To identify key opportunities and issues facing local business and to advocate and promote policies and practices that promote investments and create employment; To provide advice and guide the LGU in appropriate strategies, programs and projects to develop the local economy; To spearhead the implementation of the \u201cNew Puerto Princesa City Investment Code of 2010.\u201d To advice the City Mayor in the issuance of Executive Orders in relation to investment and business climate in the City of Puerto Princesa; To perform such other duties as may be assigned by the City Mayor. Division Head Development Management Officer IV (Local Economic and Development Management Officer), SG 22; Administrative Section Administrative Assistant III (Computer Operator II) SG 9; Administrative Aide (Clerk II), SG 4; Economic and Development Management Section: Development Management Officer III, SG 18; Development Management Officer II, SG 15; Economic Researcher, SG 9 The Economic and Investment Promotion Office (EIPO) provides tax incentives to businesses and investors through City Ordinance No. 461, also known as the Puerto Princesa City Investment Code of 2010. This ordinance aims to encourage local and foreign investments by offering tax relief and other financial benefits to enterprises that contribute to the city\u2019s economic growth. By reducing financial burdens, the ordinance helps businesses establish and expand operations within Puerto Princesa, fostering a more competitive and business-friendly environment. These incentives apply to various industries, including tourism, agriculture, manufacturing, and other key sectors that support the city’s sustainable development. Additionally, City Ordinance No. 919, known as the \u201cTourism Mile\u201d, designates a specific stretch of road along Rizal Avenue Extension to Abrea Road, extending up to the third lot of Barangay Bancao-Bancao. This ordinance promotes economic activity within the designated area by encouraging tourism-related businesses such as hotels, restaurants, and entertainment hubs. The goal is to enhance Puerto Princesa\u2019s reputation as a prime tourist destination by providing incentives to businesses that improve infrastructure, services, and attractions within the Tourism Mile. Through these strategic initiatives, the EIPO seeks to boost investment, create job opportunities, and further drive the city\u2019s economic progress. INVEST AND GROW WITH US! Ground Floor, Old City Hall Building, Bgy. Sta. Monica, Puerto Princesa City, Palawan, Philippines 5300 Mobile No. (+63) 939 890 0827\/(+63) 915 460 4906 Email: investmentofficepuertoprincesa@gmail.com<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-7048","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/tempmain.puertoprincesa.ph\/index.php\/wp-json\/wp\/v2\/pages\/7048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tempmain.puertoprincesa.ph\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/tempmain.puertoprincesa.ph\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/tempmain.puertoprincesa.ph\/index.php\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/tempmain.puertoprincesa.ph\/index.php\/wp-json\/wp\/v2\/comments?post=7048"}],"version-history":[{"count":100,"href":"https:\/\/tempmain.puertoprincesa.ph\/index.php\/wp-json\/wp\/v2\/pages\/7048\/revisions"}],"predecessor-version":[{"id":9248,"href":"https:\/\/tempmain.puertoprincesa.ph\/index.php\/wp-json\/wp\/v2\/pages\/7048\/revisions\/9248"}],"wp:attachment":[{"href":"https:\/\/tempmain.puertoprincesa.ph\/index.php\/wp-json\/wp\/v2\/media?parent=7048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}