The Bacolod City Local Investment Board has approved the adoption of Executive Order No. 080, series of 2025, which mandates the reconstitution of the Bacolod City Local Investment Board and designates the Department of Local Economic Development and Investment Promotions (DLEDIP) as the Board Secretariat.
The approval was made during the Bacolod Business Talks 2025, an Investment Board Meeting and Networking Forum held at L’Fisher Hotel on Thursday, December 11, a press release from the Bacolod City Communications Office said.
Issued by Mayor Greg Gasataya, the executive order seeks to strengthen the Local Investment Board to ensure a more effective and responsive implementation of its mandate, particularly in overseeing the Department of Local Economic Development and Investment Promotions, which serves as the Board Secretariat.
Mayor Greg Gasataya is chairman of the reconstituted Board with City Administrator Mark Steven Mayo as vice chair, and OIC City Treasurer Jose Maria Gecosal and City Assessor Maphilindo Polvora as members.
The Investment Board members are Mary Jean L. Ramos – City Planning and Development Officer, Councilor Roberto “Bobby” Rojas – SP Committee on Trade and Industry chair, Councilor Caesar Distrito – SP Committee on Ways and Means chair, Lynna Joy B. Cardinal – Provincial DTI Director, and the D-LEDIP as Secretariat.
“Our focus on regularity, clarity, and ease of doing business allows you to allocate resources towards growth, innovation, and strategic planning rather than procedural bottlenecks,” Gasataya said during his speech as he underscored the city’s potential of being among the top five fastest-growing economies in the Visayas in 2024.
“Bacolod offers the greatest competitive returns, and we are actively encouraging investment in the following priority areas. First, the ITBPM digital and creative services. As a DICP center for excellence for the ITBPM in the Philippines, Bacolod is ideal for BPO, KPO, software development, and creative industry initiatives,” he added.
During the forum, the board approved the move to revisit and review the Bacolod Investment Code to ensure alignment with the 2025–2028 Strategic Investment Promotion Plan and the CREATE MORE Act, both of which define updated national guidelines for investment incentives and industry priorities.
The board also agreed to evaluate and act on the pending applications for investment incentives submitted by PHIRST Park Homes and SM North Block.*