Further Amending Part IX Of The Integrated Reorganization Plan By Creating A Department Of Industry
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Further Amending Part IX Of The Integrated Reorganization Plan By Creating A Department Of Industry
Presidential Decree No. 488
June 21, 1974
Case Overview and Summary
Summary of Presidential Decree No. 488Creation of the Department of Industry (Section 1)
- Primary policy, planning, programming, coordinating, implementing and administrative entity for industrial development
- Objectives:
a. Guide industrial development aligned with national goals (Section 1a)
b. Improve linkages between industry and other sectors (Section 1b)
c. Achieve self-sufficiency in essential industrial products (Section 1c)
d. Promote broader ownership, growth of small and medium enterprises, and dispersal of industry (Section 1d)
e. Develop capabilities for increased domestic content, quality, cost reduction, and exports (Section 1e)
Authority and Responsibility (Section 2)
- Vested in the Secretary of Industry, assisted by one Undersecretary
Powers and Functions (Section 3)
- Coordinate all government activities related to industry
- Encourage, guide, and regulate large-scale industries
- Adopt guidelines for rationalization of industries, with approval from the President (Section 3c)
- Coordinate with Board of Investments on rationalization schemes (Section 3d)
- Coordinate with Department of Trade for export promotion (Section 3e)
- Assist investors in industrial projects (Section 3f)
- Promote cooperation in industrial undertakings in Southeast Asia (Section 3g)
- Encourage growth of small and medium industries, especially in rural areas (Section 3h)
- Coordinate and integrate assistance for small and medium industries (Section 3i)
- Establish consultation with private industrial sectors (Section 3j)
- Prescribe and enforce compliance with rules and regulations (Section 3k)
- Conduct investigations, hearings, and inquiries (Section 3l)
- Require submission of reports, data, and documents (Section 3m)
- Establish advisory committees (Section 3n)
- Perform other necessary functions (Section 3o, 3p)
Staff Services (Section 4)
- Administrative, Planning, Legal, and Financial and Management Services
Bureau of Industrial Coordination (Section 5)
- Coordinate and guide industries and industry sectors
- Maintain liaison with industry associations
- Supervise implementation of large-scale industry programs
- Perform functions enumerated in Section 3c, 3d, 3e, 3f, 3g, and 3j
- Board of Investments responsible for registration, supervision, and licensing
Small and Medium Industries Commission (Section 6)
- Promote, assist, and develop small and medium industries
- Undertake studies, surveys, researches, and technical assistance
- Coordinate policies and programs for assistance to small and medium industries
- Headed by the Undersecretary, assisted by an Executive Director
Bureau of Industrial Information and Programs (Section 7)
- Receive and analyze statistical information from industries
- Monitor and measure industry performance
- Formulate development programs for industry sectors
Board of Investments (Section 8)
- Transferred from NEDA and attached to the Department
- Secretary of Industry as concurrent Chairman
- Vice-Chairman as concurrent Managing Head
Personnel (Section 9)
- Subject to Civil Service Law and WAPCO rules, except for approved technical positions
Attached Agencies (Section 10)
- Iron and Steel Authority, Fertilizer Industry Authority, Cement Industry Authority, and Presidential Advisory Committee on the Copper Industry
Appropriations (Section 11)
- ₱4,000,000 for fiscal year 1974-1975
- ₱200,000 for remainder of fiscal year 1973-1974
Repeal (Section 12)
- Repeals or modifies inconsistent acts, statutes, decrees, rules, and regulations
- Department of Trade to perform functions except those pertaining to industry
Effectivity (Section 13)
- Decree takes effect immediately
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Further Amending Part IX Of The Integrated Reorganization Plan By Creating A Department Of Industry
Presidential Decree No. 488
•June 21, 1974
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 488 June 21, 1974
FURTHER AMENDING PART IX OF THE INTEGRATED REORGANIZATION PLAN BY CREATING A DEPARTMENT OF INDUSTRY
WHEREAS, there is a need strengthen government efforts towards industrial development to further accelerate economic growth; and
WHEREAS, accelerated industrialization needs integrated government assistance and guidance to bring about industry diversification, dispersal, rationalization and continued growth.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby adopt; approve and make as part of the law of the land the amendment to the provisions of Part IX of the Integrated Reorganization Plan by creating a Department of Industry.
Section 1. Creation of a Department of Industry. There is hereby created a Department of Industry, hereinafter referred to as the Department, which shall be the primary policy, planning, programming, coordinating, implementing and administrative entity of the executive branch of the government in the development, expansion, diversification of industry, in pursuance of the following objectives:
a. Guide...
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