QC Council files resolution adopting economic development and investment plan for 2022-2025

Published October 24, 2021, 4:10 PM

by Aaron Homer Dioquino

A resolution that adopts the QC Economic Development and Investment Plan for 2022 to 2025 was filed by the Quezon City Council during the 80th regular session on Monday, Oct. 18.

The plan is set to prioritize investments that are related to logistics, information and communications technology (ICT), education, health, design, alternative tourism, manufacturing, retail of essential goods, and green infrastructure.

“The Economic Development and Investment Plan is an important tool in which we can set our city’s economic and investment priorities, to provide more jobs, and help businesses in QC especially during these times. We want to help our medium and small businesses bounce back and continue their operations in the future. Quezon City is a business-friendly city,” Mayor Joy Belmonte said.

Majority Leader Councilor Franz Pumaren, Councilor Donato Matias, and Councilor Jun Ferrer led the filing of the resolution.

“It is aligned with the three-year main thrust of the economic development sector from the 14-point agenda of Mayor Joy Belmonte’s administration, which is to make QC the preferred business destination, create more jobs across businesses and develop new growth hubs,” Matias said.

Meanwhile, Vice Mayor Gian Sotto expressed his support to the measure.

“We are fully supporting this measure, at kailangan na kailangan natin ang plan na ito (and we really need this plan,” Sotto said.

On Sept. 14, the Local Economic Investment Promotions Office (LEIPO) head Pierangelo Dominguez presented the plan to the QC Economic Development and Investment Board.