BOI Executive Director Corazon Halili-Dichosa said her team is currently doing MVDP
The car importer's accreditation under the MVDP
was made by the BOI, whose ex officio chair is Trade and Industry Secretary Ramon Lopez.
'He would like to assure the Filipino people including the VACC that the BOI and he as chair, are unwavering in their duty to implement the MVDP
. No preference nor favor was given to HARI or to any participant,' Rodolfo added.
The House Committee on Ways and Means continued its probe after the Board of Investments (BOI) cancelled Hari's MVDP
assembly license for allegedly failing to comply with the requirements set under Executive Order (EO) 156.
"We are unwavering in our duty to implement the MVDP
. No preference nor favor was given to HARI or to any participant," said Lopez calling the case filed "frivolous" and meant to harass and malign his good office.
Lopez, in a text message to reporters, denied the VACC's accusations and stressed that as a member of the BOI, has ordered the suspension of the car manufacturer's MVDP
(Hari) to participate in the MVDP
, allegedly for failing to comply with requirements set under Executive Order (EO) 156.
HARI President and CEO Maria Fe Perez Agudo said there is nothing irregular with the Board of Investments' (BOI) action of reconsidering its earlier decision of canceling, and instead suspending, HARI's assembly license under government's Motor Vehicle Development Program (MVDP
) due to alleged inadequacy (not absence) of painting and welding activities in its assembly process.
In November last year, the Board of Investments (BOI) slapped a suspension order against one of the top car importers in the country for violating the motor vehicle development program (MVDP
), even after the company filed a motion for reconsideration, the letter said.
Last November, the BOI downgraded its cancellation of HARI's local assembly license to a six-month suspension from the government's Motor Vehicle Development Program (MVDP
) to give the company time to incorporate more welding and painting processes in its assembly plant.