HomeNewsPhilippinesPAGCOR partners with the Development Academy for casino privatization and reorganization

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PAGCOR partners with the Development Academy for casino privatization and reorganization

The Philippine Amusement and Gaming Corporation (PAGCOR) has taken another step forward in accomplishing its privatization plan. The Philippines’ gaming regulator announced on Tuesday that it is partnering with the Development Academy of the Philippines (DAP) to facilitate its reorganization process.

According to the press release, PAGCOR Chairman and CEO Alejandro Tengco stated that they have enlisted DAP’s technical assistance to comply with the requirements of the Governance Commission for GOCCs (GCG) for the implementation of its Compensation and Position Classification System (CPCS), which is necessary prior to privatization.

“We thank the Development Academy of the Philippines for being a leading force in competency building within the government,” Mr. Tengco said. “We need their help to meet the documentary requirements of the GCG and to eventually implement the eagerly awaited CPCS for our employees,” he added.

Mr. Tengco made these remarks after he and DAP President and CEO Atty. Engelbert Caronan, Jr. signed the Memorandum of Agreement for PAGCOR’s reorganization at the New Coast Hotel in Manila on September 12th.

MOA DAP

PAGCOR Vice President for Human Resource and Development Group, Angelito Domingo, and DAP Vice President for Mindanao, Dr. Mark Lemuel Garcia, also signed the agreement.

Mr. Tengco also expressed his desire to involve DAP in facilitating and conducting training sessions for PAGCOR officers and employees to enhance their skills and competencies.

Mr. Caronan, for his part, expressed gratitude to PAGCOR for believing in DAP’s capability to help implement organizational changes that would benefit the state gaming firm’s workforce.

“We would like to thank PAGCOR for their trust and confidence in this partnership; we are prepared to provide the necessary technical services to make the agency GCG-compliant and to assist in its reorganization efforts,” he said.

The DAP is a government-owned and controlled corporation mandated to assist agencies and local government units in their development efforts by acting as a change catalyst and capacity builder.

It plays a pivotal role in shaping new government policies, developing development programs, and modernizing the management structures of both government agencies and private enterprises alike.

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