π Tender Overview
On December 20 Philippine-American Educational Foundation Honorary Board Chairperson and U.S. Ambassador to the Philippines Sung Y. Kim and Philippine Competition Commission PCC Chairperson Arsenio M. Balisacan signed a Memorandum of Understanding MOU to establish a new staff development program on competition law and policy. This new partnership between PCC and the Philippine-American Educational Foundation PAEF also known as the Fulbright Commission in the Philippines will build the skills knowledge and capabilities of Filipinos working at PCC Office of the Solicitor General Department of Justice and National Economic and Development Authority.At the signing Ambassador Kim expressed his strong support for the new partnership One of the most important endeavors for the Embassy is investing in the development of the Philippines human capital. This new partnership between PCC and Fulbright does exactly that builds Filipino capacity in competition law and policy to create a more competitive and open market.The new five-year P287 million 5.67 million staff development program made possible through Asian Development Bank financing in support of PCCs Capacity Building to Foster Competition Project will send Filipino staff to U.S. higher education institutions for degree and non-degree studies as well as for research and training. The program will also provide opportunities for professional consultations lecturing and research in PCC-accredited universities and institutions in the Philippines.The program aligns with PAEFs broad mission to promote greater international education and exchange between the Philippines and United States and PCCs goal of improving the Philippine governments capacity for competition policy implementation to foster greater economic growth.Also present were PCC Commissioners and other officials PAEF Board Chairperson and U.S. Embassy Public Affairs Counselor Mr. Philip Roskamp and PAEF Executive Director Julio S. Amador III.The Philippine-American Educational Foundation also known as Fulbright Philippines is a bi-national commission which administers the Fulbright Programa student exchange program which awards scholarship grants for Filipinos to the United States.