WHEREAS , the Industry Development Council was created on 2 December 1996, pursuant to Executive Order No. 380, to serve as a coordinating mechanism for the concerted and collective efforts of the government and private sectors to create a favorable business climate that will enhance the growth and expansion of our local industries;

WHEREAS , there is a need to further broaden sectoral representation in the IDC to strengthen its capabilities in addressing the development concerns of the local industries;

WHEREAS , the membership of the Department of Environment and Natural resources in the IDC shall provide the sustainable development perspective in the promotion of competitiveness in the local industries and facilitate the resolution of environment-related concerns;

NOW, THEREFORE, I, FIDEL V. RAMOS , President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby amend Executive Order No. 380 dated 2 December 1996, and order the following:

SECTION 1. Inclusion of DENR in the Council ™s Membership. Section 2 of Executive Order No. 380 is hereby amended to read as follows:

œSec. 2: Composition: The Council shall be composed of the following:

Secretary of Trade and Industry		Chairman
Presidents of Philippine Chamber of Commerce and Industry, Inc. and Federation of Philippine Industries, Inc.		Vice-Chairmen
Secretary of Finance		Member
Secretary of Agriculture		Member
Secretary of Foreign Affairs		Member
Secretary of Science and Technology		Member
Secretary of Labor and Employment		Member
Director General of the National Economic and Development Authority	-	Member
Governor of the Bangko Sentral ng Pilipinas		Member
Secretary of Environment and Natural Resources		Member
Seven (7) Representatives of the Private Sector		Members

SEC. 2. Effectivity. This Executive Order shall take effect immediately.

DONE in the City of Manila, on this 27th day of April in the year of Our Lord, Nineteen Hundred and Ninety-Eight.

(SGD.) FIDEL V. RAMOS
President of the Philippines

By the President:

(SGD.) ALEXANDER P. AGUIRRE
Executive Secretary