Law Summary
Mandate of the NCC
- The NCC is charged with promoting and developing national competitiveness strategies.
- It is responsible for implementing the Action Agenda for Competitiveness.
- The NCC links competitiveness efforts with the Philippine Development Plan (PDP).
Composition of the NCC
- Chairperson: Secretary of Trade and Industry.
- Co-Chairperson: Private Sector Representative appointed by the President for a two-year term, renewable once.
- Members include:
- Secretary of Finance
- Secretary of Energy
- Secretary of Tourism
- Secretary of Education
- Director General, National Economic Development Authority (NEDA)
- Five (5) Private Sector Representatives appointed by the President.
- The NCC convenes bi-monthly or as called by the Chairperson.
Powers and Functions of the NCC
- Acts as the main collector of investor-related issues affecting competitiveness in industry, services, and agriculture.
- Advises the President on competitiveness-related policy matters.
- Provides inputs to key national development plans: PDP, Philippine Investments Priority Plan (PIPP), and Philippine Exports Priority Plan (PEPP).
- Coordinates, monitors, and ensures implementation of policy improvements tied to international competitiveness.
- Recommends legislation to Congress via the Economic Development Cluster to enhance competitiveness.
- Coordinates with Local Government Units (LGUs) to align local policies, standards, plans, and budgets with the Action Agenda.
- Coordinates resource generation from government and non-government sources locally and internationally to support the Action Agenda.
- Strategizes and executes initiatives to improve the country's international competitiveness ranking.
- Performs additional powers as assigned by the President.
Secretariat Support
- The DTI-Center for Industrial Competitiveness (DTI-CIC) serves as the NCC Secretariat.
- The Secretariat is led by the Executive Director of DTI-CIC, assisted by a private sector Operations Director.
Coordination with Business and Industry Groups
- The NCC maintains regular coordination with industry/trade associations and local and foreign chambers of commerce.
- These groups may be invited as resource institutions to support the NCC's mandate.
Funding and Budget
- Initial allocation of Five Million Pesos (Php 5,000,000.00) comes from the Contingent Fund of the Office of the President for operating expenses.
- Subsequent funding is included in the annual regular budget of the DTI, following standard accounting and auditing regulations.
- The private sector funds its respective activities independently.
Legal Provisions
- Separability Clause: Invalidity or unconstitutionality of any part does not affect the rest of the Executive Order.
- Repealing Clause: Other conflicting issuances or parts thereof are repealed or amended accordingly.
Effectivity
- The Executive Order takes effect immediately upon publication in a newspaper of general circulation.