Bureau of Industrial Coordination.
Section 5
SEC. 5. Bureau of Industrial Coordination.—There is hereby created in the Department a Bureau of Industrial Coordination which shall, among others, coordinate and guide industries and industry sectors (including enterprises within such industries which are not registered with the Board of Investments) to attain development objectives promulgated by the government, maintain liaison with industry associations, keep informed of developments in the various industries, supervise progress and implementation of the various large-scale industry programs initiated by the Department but not covered by any existing industrial authority, and specifically perform the functions enumerated in Section 3-c, d, e, f, g and J. The Bureau of Industrial Promotion in the Department of Trade is abolished and its pertinent functions are transferred to the Bureau of Industrial Coordination together with applicable appropriations, records, equipment, property and such personnel as may be necessary. The Board of Investments shall continue to be responsible for the registration and supervision of enterprises for investments and export incentives under its respective priorities plans, and for licensing foreign investments under R.A. 5455.