An on-going study conducted by the World Bank and the Asian Institute of Management (AIM) through the AIM Policy Center is expected to highlight the best practices of its respondent-cities in the Philippines, including Cagayan de Oro City.

AIM Policy Center executive director Atty. Ma. Lourdes A. Sereno said the study titled ‘Doing Business in the Philippines 2010’ “captures the differences in business regulations and enforcements across locations.”

Existing good practices across 25 cities will be identified and recommendations will be made if reforms are necessary, she said.

The study covers three areas of business regulations to include starting a business, dealing with construction permits and registering property.

“This is a time motion study. If we are going to distinguish it from the other studies, ours is a very step-by-step examination of time involved, cost involved and the number of procedures involved in three indicators where the city government has special responsibility for,” she explained.

Sereno said they have tapped 12 businesses with actual transactions at the city government here to answer a prepared set of questions.

The data collection for registering property and dealing with construction permits has already started and they looked forward to commence with starting a business survey soon.

She added the result of the study will be published at the website of the International Finance Corporation (IFC), a WB group, aside from the presentation that will be held at the national and local level after the 2010 elections.

“We hope cities can find this useful. It has been able to push many reforms in other cities. A lot of best practices have been captured,” she said.

Other cities that have been identified for the study are cities of Batangas, Caloocan, Las Piñas, Makati, Malabon, Mandaluyong, Manila, Marikina, Muntinlupa, Navotas, Parañaque, Pasay, Pasig, Quezon, San Juan, Taguig and Valenzuela for Luzon; Cebu, Iloilo, Lapu-lapu and Mandaue in Visayas and Davao, General Santos and Zamboanga in Mindanao.

Meantime, the results of the survey here will also be compared with the results of a similar study conducted in selected cities of 42 countries abroad.

The study is also being supported by the Australian Government, Canadian Government and the Local Implementation of National Competitiveness for Economic Growth (LIN-EG) project.

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