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MANDATE

The PEDIPO shall facilitate, prepare, coordinate, and execute local economic development and investment promotion policies, programs, projects, and activities. It shall be in-charge of investment facilitation and promotion, local enterprise development, establishment of support mechanisms for the growth of micro, small, and medium enterprises (MSMEs), provide mechanism for business retention and expansion, and other business and economic activities.

VISION

A premier department of the Provincial Government of Isabela in the formulation, coordination, facilitation, and implementation of policies, programs, and projects in the sphere of economic development and investment promotion en route to making the Province of Isabela a prime investment destination in the country.

MISSION

To deliver economic development and investment services that elevate business competitiveness, increase investments, and promote enterprise development

FUNCTIONS

The PEDIPO will perform the following functions:

Serve as a member of the advisory group that will guide the Provincial Government of Isabela for investment promotion;
Steer the creation of a business enabling environment to attract, retain or expand investments;
Advocate and promote policies and practices that will encourage local investments;
Identify revenue generating and enterprise development projects of the Provincial Government of Isabela which may be implemented by the private sector through Public-Private Partnership (PPP) arrangements, in close coordination with the Provincial Planning and Development Coordinator;
Provide support and facilitation assistance for prospective and new investors;
Establish and maintain a local economic database;
Conduct mission trips in relation to promotion and marketing activities of the Provincial Government of Isabela to attract investments;
Assist and support local councils whose undertakings are related to economic development;
Assist in the promotion and development of Micro, Small, and Medium Enterprises (MSMEs) in the locality, as well as all other potential investors;
Establish and maintain partnership with relevant national government agencies, along with other national government regulatory agencies and with the private sector, NGOs/CSOs, academe and other stakeholders in the implementation of programs, projects, and activities that will promote the business-friendliness and competitiveness of the Provincial Government of Isabela;
Represent the Province of Isabela in trade and investment meetings, conferences, and other similar activities in both domestic and foreign venues; and
Prepare and disseminate investment promotion collaterals, and information relevant to investors and doing business.