Declaration of Policy.
Section 1
SECTION 1. Declaration of Policy.—It is hereby declared to be the policy of Congress to promote the balanced and accelerated growth of the Bicol Region within the context national plans and policies for social and economic development through the leadership, guidance, and support of the government. To achieve this end, it is recognized that a government corporation should be created to implement the approved plans and programs of the National Economic Council and/or to draw the necessary plans for the development of the Region, provide leadership therefor, and coordinate and integrate the diverse efforts of various public and private enterprises engaged in the development of the Region, and whenever necessary, to undertake the activities essential to said development.