Dads reviewing proposed Investment Incentives Code

THE proposal to revise the city’s Investment Incentive Law is now being studied by the 18th City Council headed by Vice Mayor Raineir Joaquin V. Uy, through the City Council committee on ways and means chaired by Councilor George S. Goking.

During the meeting last week, Local Economic and Investment Promotions Officer Eileen San Juan said a review of the 2002 Investment Incentive Ordinance was already proposed in 2014. However, the draft was held in abeyance.

It was learned that this year, the draft underwent another review in consultation with the City Planning and Development Office (CPDO), City Assessor and the City Treasurer.