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Mayor Parilla OKs putting up of NERBAC in Naval

By RODRIGO S. VICTORIA
September 13, 2010

NAVAL, Biliran  –  Amidst the challenges that lie ahead in the establishment of a center that will facilitate the processing and documentation of all paper requirements for the establishment of a business enterprise as well as a place that will provide would-be investors and entrepreneurs with useful and basic information on various business options, Naval Mayor Susan V. Parilla approved the establishment of a National Economic Research and Business Assistance Center (NERBAC) in the capital town of Biliran province.

NERBAC was established by virtue of Republic Act No. 7470 promulgated on April 29, 1992 or the law known as the National Economic Research and Business Assistance Center of the Philippines Act of 1992. On May 11, 2009, the Department of Trade and Industry (DTI) issued Department Administrative Order No. 09-04 which is the Operating Guidelines in the implementation of the NERBAC Law.

It was learned during the one-day Provincial NERBAC Orientation and Organization held here recently that Mayor Parilla has sent a letter of intent to DTI-Biliran for the establishment of the center in Biliran province which will be situated in the capital town.

NERBAC-Biliran will be temporarily housed at the DTI Provincial Office at the start of its operation while LGU-Naval is still looking for a space that will accommodate the center. However, Mayor Parilla is contemplating of putting NERBAC at the Municipal Treasurer’s Office after its renovation.

NERBAC-Biliran will be manned by personnel to be assigned by the mandatory agencies necessary in the process of getting a business permit or license on scheduled basis such as the Bureau of Internal Revenue (BIR), Social Security System (SSS), Philippine Health Corporation (PhilHealth), Department of Trade and Industry (DTI) and Home Mutual Development Fund (HDMF) known as Pag-Ibig, Cooperative Development Authority (CDA) or other agencies applicable in the business process and licensing in the locality.

For her part, Mayor Parilla said that she understands that establishing NERBAC is a herculean task but she considers it also as a big opportunity for enticing more investors to come to Naval which in one way or the other would propel the local economy thereby creating a ripple of economic development and progress of the town.  (PIA-Biliran)