Section 5Sec./Art. 5

Function. - The Center shall perform the following:

a. To provide information to prospective investors, both local and foreign, on the different kinds of business opportunities that are in accord with set investment priorities of the Government;

b. To establish an updated data bank of all industries and business enterprises in the country;

c. To prepare pre-feasibility studies of existing as well as possible industries in the Philippines that can help entrepreneurs decide on what business to venture into;

d. To organize and maintain a centralized one-stop shop services or assistance center that shall expedite the processing of all government requirements necessary in establishing a business;

e. To monitor technological advances relevant to business and economy, and disseminate such information to Filipino entrepreneurs and the public in general;

f. To formulate and coordinate the conduct of relevant research projects to help attain the Center's goals;

g. To monitor and collate economic, technical, and industry research output of all government agencies that has reference to business enterprises, as well as to investors in the country;

h. To collect and facilitate the gathering of information on the kind of technology/machinery needed, their prices, specifications, and where they can be purchased or leased, as well as to help rehabilitate and modernize existing machinery and equipment of essential industries; and

i. To facilitate the gathering of information on how to harness indigenous resources and technology required for our development efforts.