AFAB Joins the PIPP Oversight Structure

The Authority of the Freeport of Bataan (AFAB) represented by Chairman Deogracias Custodio officially joined the Philippine Investment Promotion Plan (PIPP) Oversight Structure by signing a Supplemental Memorandum of Agreement with the PIPP Steering Committee and the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) at the Board of Investments Building in Makati last December 9, 2010.

The MOA formalized the partnership of the parties geared towards attracting a wide range of investors and establishing a stronger network of Investment Promotion Agencies (IPAs) within the strategic framework of the PIPP. The PIPP will serve as guide for harmonizing the policy-making, planning and programming of promotional strategies, programs and projects of various IPAs.

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