Success Stories

The Department of Local Government (DILG) and the Government of Canada, through the Local Governance Support Program for Local Economic Development (LGSP-LED), will host a Fiesta Forward: Tourism Investment Forum and Business-Matching for Economic Growth on September 1, 2015 at the SMX Convention Center.

With the theme “Growing Local Economies through Connecting Tourism Communities and Businesses,” the event will convene Local Chief Executives and Investment Promotion Officers from partner business-friendly provinces and cities, as well as business groups, associations, and entrepreneurs interested in the tourism growth opportunities in the country.

The Tourism Investment Forum, which will be held as part of the Galing Pook Foundation’s Governance Fair 2015, aims to unite local government units (LGUs) and business leaders with the common goal of developing real poverty solutions by advancing local economic development. Here, participants will be able to exhibit tourism growth opportunities to potential investors, developers and lenders, as well as showcase what it has contributed to the country’s overall tourism development. It will also feature discussions on best practices and mechanisms essential in creating the kind of local business environment that will transform the Philippine local tourism industry into a promising investment destination.

The LGSP-LED is an eight-year joint program of the Canada and the Philippine governments with a goal of promoting efficient, responsive, transparent and accountable governance at all levels. Its purpose is to reduce poverty by strengthening local governance and supporting sustainable local economic development (LED).

Since 2008, LGSP-LED has assisted 17 provinces, 17 cities and hundreds of municipalities in the country in streamlining their local business permits and licensing systems, updating their local incentive investment and revenue code, creating local economic and investment promotion offices, and strengthening their engagement with private sector for investment promotion and tourism product development and destination marketing. It has completed local economic development initiatives in 9 project sites across the Philippines that aim to attract investments, increase tourism arrivals, and create jobs for 11 provinces, 8 cities, and 60 municipalities. LGSP-LED LGUs attracted almost PHP 6 billion in investments and created over 2200 new jobs for their communities.

To register for the Tourism Investment Forum or for inquiries, visit http://lgsp-led.ph/InvestInPHTourism/ or call (632) 294-3810. ##

For more information contact:

Department of the Interior and Local Government
DILG-NAPOLCOM Center, EDSA Corner Quezon Avenue, Quezon City
Tel: 935-0356, 927-7852, 925-9235
www.dilg.gov.ph