DTI & GIZ hold PSP SMEDSEP final event and PROGED soft launch

The Department of Trade and Industry (DTI) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) held a soft launch of the Promotion of Green Economic Development (ProGED) Philippines Project on 24 October at the Radisson Blu Hotel in Cebu City.

ProGED is a new development cooperation project between DTI and GIZ, which hopes to address the emergent need of greening the Philippine economy toward sustainable development and inclusive growth. Specifically, the development of micro, small and medium enterprises in the Tourism sector will be the focus of the new project that will commence early next year.  

On the same day of the ProGED launch was the final event of the PSP SMEDSEP in the Philippines that celebrated the success of the DTI and GIZ partnership in the implementation of the highly successful over nine years private sector promotion program.

The DTI and GIZ partnership worked for the success of development approaches such as the local and regional economic development (LRED), business permit and licensing system (BPLS), cash flow based lending, private sector provision of business development services (BDS) and promotion of market system development (MSD) and value chain (VC).

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