Iloilo City to represent Western Visayas in AIM, WB-IFC study on doing business
Iloilo City will represent Western Visayas in the second round of the Asian Institute of Management (AIM) Policy Center and the World Bank- International Finance Corporation (WB-IFC) study on doing business at the sub-national level.
AIM project management specialist, Atty. Rhodora Roy-Raterta, said the study that will kick off in August is not a perception survey but a study that will look into hard facts to determine the procedure, time and cost of doing business specifically on starting a business, registering a property and construction permit.
“We do not seek to rank, we would just like to look at their procedures, time and cost.
“We will come up with a set of recommendations for regulatory reform,” she said.
She added that the result of the study will also give investors an idea about the business environment on these respondent cities.
The coverage of the study will be all the cities in Metro Manila and all port cities covered by the Strong Republic Nautical Highway (SRNH) to include Batangas, Cebu, Mandaue, Lapu-lapu, Zamboanga, Cagayan de Oro, Davao, General Santos and Iloilo.
“Iloilo City is a very accomplished city, one of the major port cities,” Raterta noted.
The result of the study is expected to become available in March next year.
The Doing Business Project started a study on Global Doing Business covering 178 economies; the Philippines was represented by Manila.
A sub-national survey was conducted covering only Manila cities, Cebu, Mandaue, Lapu-lapu and Davao City in 2008.
Aside from the Doing Business Project, the city is also included in the Philippine Cities Competitiveness Ranking Project (PCCRP) of the AIM that will cover 30 countries all over the country. (PNA)