ILEDF Elects New Officers and Board of Trustees: The Iloilo Economic Development Foundation elected its 20201-22 Board of Trustees during the Annual General Membership Meeting last August 24, 2021 via Zoom. A new set of officers was also elected. They are as follows:
Chairman of the Board
President
Engr. Terence S. Uygongco
Iloilo Business Club
Mr. Angel L. de Leon, Jr.
Taytay Sang Kauswagan, Inc.
Vice President
Mr. Joseph S. del Rosario
Ayala Land, Inc. and SEDA Hotel
Treasurer
Mr. Allen Son L. Tan
Iloilo Builders Corporation
Members
Mr. Federico R. Lopez
First Gen Corporation
Mr. Nicandro R. Fucoy
Palm Concepcion Power Corporation
Mr. Roel Z. Castro
MORE Electric and Power Corporation
Ms. Jocelyn J. Perez
Advisors
- Ms. Narzalina Z. Lim
- Mr. Rex C. Drilon, II
- Mr. Alfonso A. Uy
Corporate Secretary
Atty. Pablo R. Nava, III
Institutional Members of ILEDF include the leading Iloilo business associations operating in Iloilo like:
- Iloilo Business Club, Inc.
- Iloilo Multi-Sectoral Business Organization
- Philippine Chamber of Commerce and Industry-Iloilo
- Federation of Filipino-Chinese Chambers of Commerce of Panay
- Filipino Chinese Chamber of Commerce and Industry
- Iloilo Convention and Visitors Bureau
- Iloilo Dinagyang Foundation, Inc.
Iloilo City and Provincial Governments and the Department of Trade and Industry Iloilo Province also sit in the Board of Trustees, aside from the leading business associations in Iloilo. In a LED Talk held before the Annual General Membership Meeting, Cabinet Secretary Karlo Nograles discussed the new programs of the Duterte government in addressing growing unemployment. Nograles is one of the chairpersons of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EDI or IATF).
Director General Charito Plaza of the Philippine Economic Zone Authority expounded on the role of economic zones in generating employment and advocated ecozone development as a strategy in accelerating economic recovery. The PEZA is an attached agency to the Department of Trade and Industry (DTI) whose primary task is to promote investments, extend assistance, register, grant incentives to and facilitate the business operations of investors in export-oriented manufacturing and services.
As observed by ILEDF Chairperson Uygongco, “no one can predict the gravity of the economic political and cultural changes this health crisis will impact on the local economy in the coming 2020 elections. A high level of collaboration among national and local governments, businesses, academe, and community in managing the various programs should give us Ilonggos better confidence in collectively dealing with the long-lasting changes this pandemic has brought.
ILEDF President Angel de Leon, Jr. presented the Foundation’s continuing support to the investment promotion efforts of the city and province of Iloilo through the following initiatives:
- Investment promotion to support economic recovery
- Continue work on attracting developers and locators for one ecozone site
- Advocacy through webinars and research studies
- Full implementation of Iloilo Economic Portal as a business recovery resource hub
- Reconvene of Iloilo Young Business Leaders Group
About ILED Foundation. The Iloilo Economic Foundation, Inc. (ILED) was organized in 2007 as a public-private partnership amongst the business community; professional groups; civil society, and the provincial and city governments of Iloilo. Its main objectives are to bring investments to Iloilo and to support the local government to make Iloilo an attractive investment proposition.