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Sunday, April 28, 2024

QC to host business investment summit

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In a bid to boost investor confidence, the Quezon City government is hosting a business investment summit to present its ease-of-doing-business initiatives and plans to enhance its business climate.

The summit, to be held at the Novotel Manila in Cubao on Oct. 7, is also meant to be a venue for engagement with the business leaders to seek their views on policies and programs for the mutual benefit of both the local government and the private sector.

With the theme “QC is Future Ready,” the conference aims to bring together investors, business leaders, business associations, chambers of commerce, foreign dignitaries and city government officials.

“We want to achieve three things at this event. We want to generate investments for our city, build partnerships favorable to all QCitizens, and we want to make Quezon City the top-of-mind preferred investment destination,” Mayor Joy Belmonte said.

During her first term, Belmonte and the Quezon City government received 83 awards and recognitions from the national government, private sector, and the international community.

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While she is grateful for the recognitions, Belmonte said the real measure of success is the number of Quezon City residents whose lives have improved under her watch.

She is now pursuing five major thrusts to foster a robust business climate and increase investor confidence.

“One of our major thrusts is that social services for all are guaranteed. Every year, we progressively increase the budget dedicated to social services. We started with a budget of P9.8 billion in 2019.

This year, our budget is at P16.1 billion which has proven to be an inclusive social safety net for all marginalized and underprivileged sectors,” she said.

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