MANILA, Philippines – The delay in the implementation of the Comprehensive Motor Vehicle Development Plan (CMVDP) will not discourage auto companies from investing further in the country, local automotive manufacturers said.
“This (delay) will not discourage investors,” Philippine Automotive Competitiveness Council Inc. executive director Benjamin Sevilla said in a telephone interview. “We are not losing investors because of the delay.”
The Board of Investments (BOI) has already said that they will not be able to meet the second deadline that they have set due to a heavy workload. The third target was for October.
“The process may well be concluded in October and the industry is appreciative of the progress that the BOI has been making,” Sevilla said.
Sevilla said he is not aware if the public consultation has already been scheduled. A public hearing is necessary before the IRR can be implemented.
Earlier, BOI Managing Head Cristino L. Panlilio said that the government and the private sector must work together to push the local car manufacturing because the industry’s manufacturing plants are operating at 60 percent below capacity.
Panlilio has been pushing for the creation of a supplement to the MVDP. Panlilio has earlier said that he would like to make an MVDP which will cater specifically to exporters. –Ma. Elisa P. Osorio (The Philippine Star)
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
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
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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