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Thursday, July 31, 2025

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PH speeds up investments with simplified one-stop facilitation

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Taking advantage of the momentum and trust and confidence of the foreign investors and global leaders, the Department of Finance (DOF), Department of Economy, Planning, and Development (DEPDev), and the Department of the Interior and Local Government (DILG) have formally signed a Joint Memorandum Circular (JMC) establishing the Investment Facilitation Network (INFA-Net).

The initiative aims to harmonize and simplify investment processes, strengthen inter-agency coordination, and ensure faster, more transparent support for both local and foreign investors.

The ceremonial signing, held on June 2, 2025, brought together key economic leaders, including Trade Secretary and BOI Chairman Cristina A. Roque, Special Assistant to the President for Investment and Economic Affairs Frederick D. Go, and BOI Managing Head Undersecretary Ceferino S. Rodolfo. DOF Secretary Ralph G. Recto, DEPDev Secretary Arsenio M. Balisacan, and DILG Secretary Jonvic Remulla subsequently affixed their signatures in June and July, completing the historic agreement.

“The JMC represents a decisive shift toward a whole-of-government approach to investment facilitation,” said Secretary Roque. “By breaking down bureaucratic barriers, we are sending a clear message: the Philippines is open for business.”

Aligned with President Ferdinand Marcos Jr.’s Bagong Pilipinas vision, the JMC also supports major reforms under Executive Orders 18, 32, and 59, which cut red tape and streamline permits for strategic investments, telecommunications, and infrastructure flagship projects.

With INFA-Net in place, investors can expect a more agile and unified government, designed to turn commitments into concrete economic gains.

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