Nueva Vizcaya Governor Carlos Padilla said the provincial government wants to develop local entrepreneurs first before inviting big businesses.
The Nueva Vizcaya politiko made the remark during the visit of his college professor, Dr. Rogelio Felix last month.
Felix said Philippine schools should “develop small business programs” by providing “technical capital aid, forms and assistance, so that their capital will not be drained.”
Padilla said the Provincial Cooperative Affairs Office (PCAO) assists local businesses.
“We are in the process of changing the name of PCAO because the office does not only deal with the cooperatives but with entrepreneurs too. I instructed PCAO not to invite big investors to come here because we are not ready yet,” he said.
“Let us develop local initiatives, local entrepreneurs first. Let us not think of the people coming from the outside. Let us develop our own people. Let them realize that there are opportunities here and we will start small. We should encourage our people and promote local enterprise. The entrepreneurs must be coming from within,” Padilla added.