| The Philippines is currently pursuing intensive efforts on investment promotion, stimulated by the growing need to secure long-term investments that can drive economic stability, growth and sustainability in the country.
The deregulation of the Downstream Oil Industry, the passage of Republic Act 9136 Electric Power Industry Reform Act (EPIRA) and Republic Act 9367 Biofuels Act of 2006, conduct of Contracting Rounds for the petroleum, geothermal and coal sectors, the Departments’ policy for energy independence, among others, lead to a number of prospects for private sector participation in the energy sector. In order to provide a "One-Stop-Shop" for energy investors, the Investment Promotion Office (IPO) was established. The IPO disseminates information on energy investment opportunities, addresses energy investors’ concerns and queries, extend investor servicing and facilitation and provide other relevant data that may be useful to existing and prospective investors. DOE-IPO is a member of the Investment Promotion Unit Network established by the Board of Investments to ensure close coordination among government agencies and to facilitate resolution of investor’s concerns particularly in the energy sector.
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