Iloilo City is Most Business Friendly LGU finalist

Iloilo City is a finalist in the 2024 Most Business-Friendly Local Government Unit (LGU) Awards by the Philippine Chamber of Commerce and Industry (PCCI).

“We believe that by fostering a welcoming environment and supporting businesses of all sizes, we create a vibrant economy that enhances the quality of life for all our residents. This recognition reflects our commitment to maintaining and even improving what Iloilo City is today—a metropolis where innovation and entrepreneurship thrive,” Mayor Jerry P. Treñas said.

He stressed that this affirms investors’ confidence and manifests the much-improved governance and strong public-private partnerships.
Treñas also thanked everyone who contributed to this effort and expressed excitement to continue working together to build a prosperous future for Iloilo City.

City government officials are scheduled to present before a panel of judges on September 23 in McKinley Town Center, Fort Bonifacio, Taguig City.

The city will highlight its significant initiatives on fast-tracking sustainable local economic development, ease of doing business, investment promotion, and enhancing sectoral competitiveness.

PCCI annually recognizes LGUs that have demonstrated outstanding efforts in instituting good governance reforms to promote trade and investments, transparency, accountability, and efficiency in delivering business services to generate inclusive and sustainable growth and fast-track local economic development in their localities.

To recall, Iloilo City was cited as the Most Business-Friendly LGU in 2023 and 2019, recipient of the Special Citation Award in 2022 and 2020, and a national finalist in 2021.

Some recent innovations in the metropolis include the establishment of off-site payment/business centers in four malls for easy, fast, and convenient application, renewal and payment of business permits, and other payment-related transactions.

The city’s Local Economic Development and Investment Promotion Office has also introduced the Uswag Negosyo Academy for the development of micro and small enterprises, incentives for investments, no increase in real property tax, business-friendly consultations, the Innovate Iloilo Project, and the formulation of the Iloilo City Business Coordination Council. (Pearl Socias/Iloilo City PIO)