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PD 550 Section 3

PD 550 Section 3

Functions.

Section 3

SEC. 3. Functions. — The Corporation shall have the following functions: To promote and facilitate the entry of foreign loans into the country for development purposes having special regard to the needs of export-oriented industries, industries registered with the Board of Investments, public utilities, and industries the promotion of which is encouraged by government policy; To meet requests from domestic entities, enterprises and corporations to assist them in the coordination of their development and expansion plans with a view to achieving better utilization of their resources; and To provide technical assistance to the preparation, financing and execution of development or expansion programs, including the formulation of specific project proposals.

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Other provisions in PD 550

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 550 Section 3 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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