The government will roll out the new Motor Vehicle Development Program (MVDP) by mid-June, Trade Secretary Jesli Lapus said.
Upon publication of Executive Order (EO) 877, or “The Comprehensive Motor Vehicle Development Program,” which President Gloria Arroyo signed on April 23, the Board of Investments (BOI) would come up with a draft of the program’s implementing rules and regulations in a month’s time, Lapus said.
The Trade chief said the BOI would consult auto industry players and stakeholders in drafting the implementing rules.
A copy of EO 877 was received by the Department of Trade and Industry from Malacañang’s records office on Wednesday. A BOI source said the draft submitted by the agency for the President’s approval “is almost the same” as the approved EO.
“The new MVDP will be the catalyst that would provide the auto industry the environment to maximize and even expand its capacity, provide for a wider supply base for parts and components, and encourage the development and expansion of both the domestic and export markets for vehicles and parts and components,” Lapus said in a text message to reporters.
In a separate text message, Elizabeth Lee, Chamber of Automotive Manufacturers of the Philippines Inc. president, said “We hope the [new] MVDP will truly be good for the Philippine auto industry, particularly for the CKD [completely knocked down] assembly.”
Ben Arnold O. de Vera, Manila Times
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against
Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
