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DA backs 'Green Lane' plan for agriculture investments
The Freeman
|August 18, 2025
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.
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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 18 which 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, Finance, and the Interior and Local Government, as well as the Bureau of Customs. The collaboration ensures the timely evaluation and approval of strategic investment proposals by reducing bureaucratic delays.
Dit verhaal komt uit de August 18, 2025-editie van The Freeman.
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