Fair competition in housing sector pushed
THE Department of Human Settlements and Urban Development has partnered with the Philippine Competition Commission (PCC) in promoting fair competition in the housing sector.
DHSUD Secretary Jose Rizalino Acuzar inked a memorandum of agreement with PCC chairperson Michael Aguinaldo and other key officials from both agencies to strengthen policy and regulatory frameworks.
The MOA establishes a structure for streamlined coordination, mutual support, and shared expertise between the two agencies, reinforcing the government’s commitment to a more competitive and well-regulated housing sector.
Acuzar highlighted how crucial the collaboration is, to further strengthen the housing initiatives under the Marcos Jr. administration’s whole-of-the-government approach.
“This partnership with the Philippine Competition Commission marks a significant milestone in our efforts to create a housing landscape that is inclusive, transparent and competitive. It will help ensure that our housing policies and regulations are responsive to the needs of the public,” he said.
By reinforcing inter-agency collaboration, the said agreement facilitates the efficient exchange of information, technical assistance, and joint solutions to address competition-related challenges in the housing industry.
It is also expected to drive market efficiency, enhance consumer welfare, and ensure equitable access to affordable, housing solutions.
The MOA according to Acuzar, will facilitate capacity-building programs, equipping DHSUD personnel with expertise to navigate competition-related concerns in housing development.
“Through this agreement, we will further strengthen our institutional competencies and uphold policies that promote a dynamic and equitable but well-regulated housing industry,” he added.
The collaboration also reflects the government’s unwavering commitment to fostering fair competition and implementing policy reforms which drive sustainable urban development.
