FOR ITS EFFORTS to ensure the province is equipped to implement solid investment climate, the Northern Samar government was recognized for implementing a one-stop action center for strategic ventures.
Together with 5 other provinces – Laguna, Bulacan, Cavite, Batangas, and Ilocos Norte, and the City of General Trias, the province was recognized by President Marcos himself. Gawad Bayanihan sa Pamumuhunan Awarding rites were held at the Malacañang Palace.
Also present were Local Governments Secretary Jonvic Remulla, Secretary Maria Cristina Aldeguer-Roque of the Department of Trade and Industry, and Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go.
The award also highlighted the Northern Samar One-Stop Action Center for Strategic Investments (OSACSI), the first LGU Green Lane for Strategic Investments in the Philippines.
In 2024, Northern Samar also received an award for the establishment of its Provincial Economic Development and Investment Promotions Office (PEDIPO) and the launch of Winvest Northern Samar campaign. These effectively attracted over 150 billion worth of investments in the province.
With this innovation, both the World Bank and the Asian Development Bank is working to enhance and document Northern Samar’s best practices and recommend its replication in all LGUs in the country.
“When business move quickly, progress moves as fast. Ang mga Lokal na Pamahalaan ang ating mga kaagapay sa pagpapalago ng ating ekonomiya. You helped make an environment which is suitable for business to succeed,” the President said in his address.
Northern Samar Gov. Edwin Ongchuan acknowledged the vital role of the provincial government departments and local government units in making Northern Samar a prime investment destination specially in renewable energy.
