President Ferdinand Marcos Jr. led the awarding ceremony for the One-Stop Action Center for Strategic Investments (OSAC-SI) at the Ceremonial Hall in Malacañang on Thursday. The event, dubbed “Gawad Bayanihan sa Pamumuhunan: Making It Happen with a Whole-of-Nation Strategy,” marked the successful implementation of the nationwide “Ease of Doing Business” initiative in its first year.
The OSAC-SI was established through Executive Order No. 18, which aims to expedite, streamline, and automate government approval and registration processes for priority investments and strategic investments. The center serves as a single point of entry for all projects qualified as strategic investments, providing a more efficient and hassle-free experience for investors.
The “Ease of Doing Business” initiative has been a key priority of the Marcos administration, aiming to improve the country’s business climate and attract more investments. The successful implementation of this initiative is expected to have a positive impact on the country’s economic growth and development.
