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PHILIPPINE LAWS, STATUTES & CODES
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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 845 - CREATING
A FOREIGN INVESTMENTS ASSISTANCE CENTER
WHEREAS,
foreign investments are necessary to supplement domestic capital in
desirable business activities, particularly export-oriented
manufacturing projects and labor-intensive industries;
WHEREAS, such foreign investments which are in the national interest
and generate substantial export earnings and employment, would bring
access to foreign markets not otherwise available to domestic
procedures;
WHEREAS, there is a need to create a “one-stop shop” for foreign
investors which may otherwise be discouraged by the maze of various
government regulations;
WHEREAS, the creation of a Foreign Investments Assistance Center will
provide easy access to information and assistance to foreign investors
in setting up their business in the country.
NOW, THEREFORE, I FERDINAND E. MARCOS, President of the Philippines, by
virtue of the powers vested in me by the Constitution and the authority
vested in me by Presidential Decree No. 1416, as amended, do hereby
order and ordain:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
Sec. 6.
Sec. 7.
Done in the City of Manila,
this 8th day of November, in the year of Our Lord, nineteen hundred and
eighty-two.
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