Pontevedra does LRED, a strategic path towards economic dev't
PONTEVEDRA, Capiz -- The municipality of Pontevedra, a third class municipality in the Province of Capiz, headed by Mayor Esteban Jose Contreras, M.D. will be bring into the locality Local Regional Economic Development (LRED), a participatory planning and implementation process aimed at mobilizing local resources resulting towards greater economic activity and inevitably development.
This LRED brings together people, both from the private as well as the public sector to have a dialogue and discuss possible strategic interventions to identified problems in the locality of Pontevedra.
This LRED, at its initial stage will be conducted on September 16-17, 2008 at Villa Consorcia Resort to be jointly facilitated by the Department of Trade and Industry (DTI) and the German Technical Cooperation (GTZ).
LRED involves the conduct of the Rapid Economic Appraisal (REA) whereby it tries to capture the local economic condition by conducting interviews with the private businesses, the academe, NGOs, LGUs present in the in the locality.
This way, the results of the REA will give the locals an overview of where Pontevedra is in terms of its economic situation. REA was conducted last August 25-27 and was spearheaded by Potevedra's Municipal Planning Development Officer Marion Balasa. The results of the REA are important inputs as to how the actions plans will be formulated, an output of this two day LRED activity.
LRED is one of the major interventions in the SMEDSEP program (Small and Medium Enterprise Development for Sustainable Employment Program). SMEDSEP is a development cooperation project between the Philippines and Germany. It aims to improve the business and investment climate for SME in the Philippines, especially in the Visayas.
SMEDSEP contributes to the efforts of the Philippine government to improve the framework conditions for private sector development in the country. SMEDSEP is implemented in partnership by DTI at national, regional and provincial levels on behalf of the Philippine government and the German Technical Cooperation (GTZ) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).
GTZ is an international cooperation enterprise for sustainable development with worldwide operations owned by the German Government. For 30 years, it has been providing forward looking contributions to political, economic, ecological and social development in partner countries. GTZ supports reform and change processes in an increasingly globalized world, often working under difficult conditions. GTZ`s major approach to facilitate change is promoting capacity development of people and partner organizations as well as improving institutions and frame conditions in partner countries. The joint projects and programs are outcome and impact oriented and contributes towards socioeconomic progress.
Additional information about the event can be secured from the DTI Capiz.