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2. In global value chain, the question of the host country is “what can we offer to
attract more foreign investments?” The same thing is true in the local determinants of
value chain positioning. The City can offer its resource of being the Knowledge
Capital of the Country (there must be seamless flow of design that is coordinated for
the purpose of service thru cohesive promotion and marketing of its competitive
advantage, i.e in terms of information the investors or inquiring clients will be cued
to the needed information in a fast, efficient and reliable way) in were we can use to
propel the development of industry sector or cluster/s (we can also use a partnership
with these educational/learning/knowledge institutions to help us design needed
skills/education of our human resource in support of the industry’s needs). The
second factor pertains to the local labour market which consists among others of the
qualitative impact of the human resource developed by the City thru its channels of
skills development and trainings provided to QC's constituents (all we need is to
identify and profile them where they are, what are their skills and what do they need).
The third aspect is to classify what products/services we can offer/provide as an added
resource to our local developing clusters.
quality of industries innovation system will be a very critical factor for future
development
a. December 31, 2015, the ASEAN will declare the establishment of AEC or
ASEAN Economic Community which will open their doors for free market
and production base. With 418 other Cities, including City-state Singapore and
mega City Jakarta, we will be competing for business, jobs and resources. On
the other hand, these Cities will become our much bigger market for jobs and
businesses as well as enterprise networking arrangements.
b. Advantage that must be developed by a City to benefit from this open regional
economy:
a. More competitive investment climate in terms of:
i. sophisticated infrastructure
ii. highly skilled and educated manpower
iii. better value real estate
iv. reliable and fast telecommunications services
v. easy accessibility of utilities
c. The National government has been preparing for 7 years for the ASEAN
Economic Community. In the local government, we must sync our local
policies for policy review with our National laws specially in the areas of:
a. Regionalization as the development of metro-regions - it is time that
we cities in Metro Manila finally work together and create linkages to
give us give us a better leverage to compete globally
b. Tourism – we must have high inter-industry and cross-country
linkages, we must position our City in the aim of ASEAN member
countries to establish integrated ASEAN Tourism Investment Zone
(ATIZ) for the project of joint investment promotion and joint action
programs
c. Services – this represents the core of the QC economy, the general
perspective is that the overall trade in services will increase, with
imports of services likely to outgrow exports in most other sectors.
Possible barriers in the growth of services if areas below are not
updated:
i. Local labor laws
ii. Zoning regulations
iii. Business regulations
d. Business process outsourcing - major economic driver in Quezon City,
with about 45,000 people employed, in which investors will consider
value for money which means:
i. qualified skilled labor
ii. reasonably priced plug-and-play locations
iii. ease of business regulations
d. Local policy and framework needs
a. updated Land Use Plan
b. Comprehensive Zoning Ordinance
c. tourism ordinance - reexamine our past Zero Amusement Tax for Films
ordinance
d. telecommunications infrastructure – we need a local ordinance that
will support the development of common telecommunications tower
that may be called as a Philippine Diamond Tower. Another
complementary project is the enabling of our local government to have
its own radio and TV frequency thru the Quezon City Multimedia
Frequency Ordinance.
e. Mayor HMB thanked the QC legislative for passing :
a. Investment Incentives Code
b. Public Private Partnership Ordinance
c. Small and Medium Enterprise Code (Magna Carta)
d. RA 10646 or the Quezon City Development Authority that was passed
by both houses of Congress, QC’s own GOCC which will serve as its
enterprise vehicle and investment arm; it will allow us to invest in
businesses in other local governments giving us a new source of
income other than from revenues alone
g. Our timetable to take action and pass all policies and requirements is the first 6
months of 2015
a. The Executive and Legislative Branches, all the departments and
operating units of the Quezon City Government must work with one
ecosystem in mind
b. The challenge is to put all existing policies, plans and programs into
one cohesive framework. We need the help of academics to do this
i. Let us be clear about areas of responsibility.
1. You will be assigned into Clusters, with an elected
official as the cluster chair, while the city executive will
be co-chair and secretariat.
c. “Let us not aim for Quezon City to be the lowest cost destination or
producer – for Cambodia, Laos, Myanmar and Vietnam can easily
beat us in this category. Rather, let us aim to be the most value-for
money business location and a venue for a vibrant, exciting cultural
life.”