Categories
Government

DA PUSHES FOR STRATEGIC AGRICULTURAL INVESTMENTS

The Department of Agriculture (DA) has expressed full support for a new Joint Memorandum Circular (JMC) that aims to strengthen inter-agency coordination and streamline the entry of strategic investments, particularly in the agriculture and fisheries sectors.

Agriculture Secretary Francisco Tiu Laurel Jr. signed the JMC, which enhances the operational mechanism of the Investment Facilitation Network (INFA-Net) and integrates the provisions of Executive Order No. 18, Series of 2023.

The Executive Order institutionalizes “Green Lanes for Strategic Investments,” a government initiative to fast-track the processing of permits, licenses, and registrations essential for major investment projects.

The JMC is a multi-agency effort involving 38 national government offices, including the Departments of Trade and Industry (DTI), Finance (DOF), and the Interior and Local Government (DILG), as well as the Bureau of Customs (BOC).

The collaboration ensures the timely evaluation and approval of strategic investment proposals by reducing bureaucratic delays.

“This JMC is a significant step forward in our commitment to making it easier for investors to do business in the Philippines’ agri-fishery sector.”

“This JMC is a significant step forward in our commitment to making it easier for investors to do business in the Philippines’ agri-fishery sector,” Tiu Laurel explained.

“With improved coordination and more efficient systems in place, we are creating an environment that attracts investment and drives inclusive rural development,” the agriculture chief added.

Under the JMC, the DA will play a central role in facilitating investments related to agribusiness, agricultural mechanization, food security, and rural infrastructure. A dedicated INFA-Net Focal Unit—led by the DA’s Agribusiness and Marketing Assistance Service (AMAS) in coordination with the Policy Research Service (PRS)—will be responsible for ensuring timely coordination and compliance with the circular’s provisions.

The effort aligns with the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, reinforcing the government’s broader push to enhance public service efficiency and promote investor confidence.

By removing unnecessary red tape, the JMC is expected to create a more transparent and investor-friendly climate—particularly in underserved rural areas. The DA hopes this initiative will catalyze new investments, modernize farming and fisheries practices, and ultimately lead to increased productivity and profitability for local producers.

“This initiative doesn’t just target investors.”

“This initiative doesn’t just target investors,” Tiu Laurel added. “It’s also about uplifting our farmers and fisherfolk, generating rural employment, and ensuring long-term food security for the nation.”

As part of the administration’s development agenda, the JMC underscores the importance of cross-agency collaboration in unlocking the full potential of Philippine agriculture through investment-driven growth. 

Home

SHARE THIS ARTICLE

Leave a Reply

Your email address will not be published. Required fields are marked *