Function.
Section 5
SEC. 5. Function. - The Center shall perform the following: To provide information to prospective investors, both local and foreign, on the different kinds of business opportunities that are in accord with set investment priorities of the Government; To establish an updated data bank of all industries and business enterprises in the country; To prepare pre-feasibility studies of existing as well as possible industries in the Philippines that can help entrepreneurs decide on what business to venture into; To organize and maintain a centralized one-stop shop services or assistance center that shall expedite the processing of all government requirements necessary in establishing a business; To monitor technological advances relevant to business and economy, and disseminate such information to Filipino entrepreneurs and the public in general; To formulate and coordinate the conduct of relevant research projects to help attain the Center's goals; To monitor and collate economic, technical, and industry research output of all government agencies that has reference to business enterprises, as well as to investors in the country; To collect and facilitate the gathering of information on the kind of technology/machinery needed, their prices, specifications, and where they can be purchased or leased, as well as to help rehabilitate and modernize existing machinery and equipment of essential industries; and To facilitate the gathering of information on how to harness indigenous resources and technology required for our development efforts.