The Local Government Unit of Bambang embraces the Local and Regional Economic Development (LRED) approach which requires participation of public and private stakeholders who will work together by identifying the burning issues over the municipality and address it by means of action-oriented planning and implementation.
The two-day LRED Upscaling Workshop was held at the Sangguniang Bayan Hall, Bambang, Nueva Vizcaya on April 6-7, 2017. The event was facilitated by Mr. Medardo D. Noscal, Provider of Business Development Services in collaboration with the Department of Trade and Industry - Nueva Vizcaya (DTI-NV) personnel who also provided assistance during the workshop; Ms. Preciosa A. Maglaya, CWID-Division Chief; Mr. Gerome R. Rogel, CWID-Technical Staff; Ms. Rowena F. Mayangat, MTIO, Mr. Alberto Pamatian, CTIDs and Rona S. Layno,NC-Coordinator of Bambang.
The highlight of the LRED Workshop focuses on identifying issues faced by stakeholders, short-term planning and pragmatic action. LRED presupposes trust building and collaboration seeking among those actors. It will serve as their stepping stone towards the improvement of the municipality’s economy.
Before the LRED Upscaling Workshop, the Rapid Economic Appraisal (REA) Result and the Socio-Economic Profile and Development Programs was already conducted a week earlier. The BDS grouped the house into five (5) pillars namely 1) Enabling Environment; 2) Business 3) Support Institution 4) Human and Natural Resources; and 5) Infrastructure. The five groups were enjoined to identify their strengths and weaknesses and present it in front and be able to categorize the facing problems.
The momentous event was attended by 50 stakeholders from different business sectors, local government officials, civil society organizations, non-government organizations, academe, banking sector, Sangguniang Bayan members, Heads of LGU, Punong Barangays of the municipality and other support. Bambang’s Hon. Vice Mayor Arnel Wenceslao Hernandez was also present throughout the workshop.