Signed on June 2, 2025, the JMC titled “Strengthening the Coordination Mechanism Between and Among the Investments Facilitation Network Members and Integration of the Provisions of Executive Order No. 18, series of 2023” formalizes collaboration among 38 government agencies involved in investment facilitation.
The initiative aligns with President Ferdinand R. Marcos Jr.’s directive to “roll out the red carpet” for investors by creating a seamless, business-friendly environment.
Finance Secretary Ralph G. Recto, represented during the ceremony by Undersecretary Charlito Martin R. Mendoza, emphasized the JMC’s role in enhancing inter-agency coordination and reducing bureaucratic delays.
“The signing of this JMC is a strong signal that we are serious about cutting red tape, improving the ease of doing business, and making the Philippines a more attractive destination for investors,” Recto said. “Along with the CREATE MORE Act, our message is simple: we want you to invest here, and we will make it easier for you to do so.”
Central to the JMC is the institutionalization of the Investment Facilitation Network (INFA-Net), led by the Department of Trade and Industry’s Board of Investments (DTI-BOI) and co-chaired by the Anti-Red Tape Authority (ARTA).
The network aims to streamline the issuance of permits, licenses, certifications, and other investment-related authorizations.
A key component of the initiative is the creation of the One-Stop Action Center for Strategic Investments (OSAC-SI), which will serve as a centralized entry point for project applications, particularly those seeking Green Lane status under Executive Order No. 18. —Ed: Corrie S. Narisma
