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PIA Press Release
2009/09/11

GTZ-PSP, AIM Policy Center ink agreement for PCCRP 2009

Manila (11 September) -- The GTZ Private Sector Promotion (SMEDSEP) Program and AIM Policy Center today signed an agreement for the Philippine Cities Competitiveness Ranking Project (PCCRP) 2009.

This is the third year that PSP-SMEDSEP is supporting the project. It is also being co-financed by the Local Implementation of National Competitiveness for Economic Growth (LINC-EG) Project of USAID.

The Philippine Cities Competitiveness Ranking Project is one of the core activities of the Asian Institute of Management Policy Center. It is a biennial project that measures and ranks Philippine cities' competitiveness using a set of relevant indicators that reflect the overall local economic and socio-political systems, processes and the capacity of cities to provide a nurturing environment for its businesses and residents. The number of cities covered by the project has increased from only 10 cities in 1999 to 90 cities in 2007.

The SMEDSEP, a development cooperation project between the Republic of the Philippines and the Federal Republic of Germany, aims to improve the business and investment climate for SME in the Philippines especially in the Visayas. SMEDSEP contributes to the efforts of the Philippine government to improve the framework conditions for private sector development in the country.

SMEDSEP is implemented in partnership with the Department of Trade and Industry (DTI) at national, regional and provincial levels and the GTZ on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).

The SMEDSEP's financial services aim to support financial institutions in providing more finance to SME on a sustainable basis. This requires improving the capacities of partner financial institutions to efficiently manage commercially viable SME portfolios and to offer innovative and target group oriented financial services.

GTZ is an international cooperation enterprise for sustainable development with worldwide operations owned by the German Government. For 30 years, it has been providing forward looking contributions to political, economic, ecological and social development in partner countries. GTZ supports reform and change processes in an increasingly globalized world, often working under difficult conditions. GTZ`s major approach to facilitate change is promoting capacity development of people and partner organizations as well as improving institutions and frame conditions in partner countries. The joint projects and programs are outcome and impact oriented. They contribute towards socioeconomic progress. (GTZ/PIA) [top]

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