By THEPHILBIZNEWS STAFF
British Chamber throws full support to President Marcos Jr.’s crackdown on anomalous projects, calling it a strong signal to investors that the Philippines is serious about transparency, accountability, and cutting red tape.
In his 4th State of the Nation Address (SONA), President Marcos ordered the Department of Public Works and Highways (DPWH) to review flood control projects from the past three years, citing reports of fraud, ghost projects, and substandard work. The Regional Project Monitoring Committee will likewise assess failures and irregularities.
Chris Nelson, BCCP Executive Director and Trustee, said the UK recognizes the importance of tackling corruption and inefficiency in infrastructure programs, especially given their impact on communities. He stressed that a transparent, accountable system strengthens the Philippines’ appeal to investors.
“The President was very clear about the effects of these projects on communities. We fully support the probe and the need for a clear, reliable environment for companies to invest,” Nelson said. “As an ARTA champion, the Chamber also urges the government to sign the e-Governance Act to streamline processes, cut red tape, and curb corruption.”
Nelson also welcomed the launch of the “Sumbong sa Pangulo” website, which allows citizens to report irregular projects directly to the government. He noted that such initiatives will benefit micro, small, and medium enterprises (MSMEs) by improving efficiency and creating a fairer business environment.
In May 2024, BCCP was officially recognized as an Anti-Red Tape Authority (ARTA) Champion, empowering the Chamber to collect business sector feedback and relay concerns directly to the government. Nelson emphasized that this public-private cooperation plays a vital role in addressing bureaucratic hurdles and bolstering investor trust in the Philippines.