By Joanne Namnama G. Parrocha
SAN FERNANDO CITY – The Ilocos region posted a 100 percent-compliance to the standards set by the Business Permits and Licensing System Streamlining (BPLS) project of the Department of Trade and Industry.
The BPLS project aims to encourage investments in local government units by reducing time and cost of doing business resulting to a friendlier business environment.
Allan Lulu, acting information officer of the DTI in Ilocos, said after its introduction in 2010, all the nine cities and 116 municipalities in the region have reached their targets to be entirely compliant with BPLS by the end of 2014.
“That makes up for 100 percent compliance by all LGUs in Region 1,” said Lulu.
He said local governments must comply with the set standard by 2016 but Region 1 performed well ahead of the target date.
Lulu said through the project, the minimum standards for processing business applications are established.
The reform includes following a unified and single application form, reducing signatories to two up to five, limiting the number of steps to five, and limiting processing time to 10 days for new applications and not more than five days for renewals.
“LGUs that have streamlined their BPLS have improved their revenue generation and improved image due to efficient processes,” Lulu said.
Further, other benefits of the complying with the BPLS standards include LGUs developing a more extensive information on business enterprises in their localities and reducing cases of graft and corruption, he added. (MCA/JNP/PIA-1 La Union)