San Simon LGU seeks investments

Leaders of the Municipality of San Simon, Pampanga sought the help of the Board of Investments (BoI) as they are seeking more businesses to thrive in their locality, positioning themselves as a competitive and investor-friendly destination in Central Luzon.

Trade Undersecretary and BoI managing head Ceferino Rodolfo and San Simon, acting Municipal Mayor Josephine Anne Canlas, recently formalized a memorandum of agreement (MoA) to strengthen investment promotion efforts, streamline business processes, and enhance investor servicing within the municipality.

Undersecretary Rodolfo said the agreement fortifies collaboration between the national and local governments to ensure that investors receive efficient, responsive, and seamless support throughout their investment journey.

“San Simon is a strategic partner in this effort. Situated along the North Luzon Expressway and at the heart of Central Luzon’s economic corridor, the municipality serves as an important gateway for trade, logistics, and manufacturing,” said Undersecretary Rodolfo.

According to Acting Mayor Canlas, the Municipal Government is committed to building a stronger partnership with the BoI, recognizing the importance of national-local collaboration in achieving inclusive economic development for San Simon and its surrounding communities.

Under the MoA, the BoI and the Municipal Government of San Simon have committed to collaborating in several key areas to strengthen the municipality’s investment environment.

These include promoting and facilitating priority investment projects within San Simon, providing investor services and capacity-building programs for local government personnel, and implementing ease-of-doing-business reforms, including the BOI Green Lane Program for strategic investments.

Notably, the partnership also includes the sharing of best practices in investor servicing and close coordination to facilitate and support investments, particularly in the industrial, logistics, and manufacturing sectors, thereby further enhancing the municipality’s competitiveness and economic growth.

In addition, the MoA signing ceremony served as a platform for dialogue between the government and the private sector, highlighting potential investment opportunities that could contribute to San Simon’s continued growth and development.