TABUK, Kalinga - The province launched the National Economic Research and Business Assistance Center (Nerbac) as part of the 9th Matagoan Festival and 3rd founding anniversary of Tabuk as a city on June 24-25.

Nerbac is a one-stop shop that provides express lanes for businessmen seeking business registration, permits and licenses, thereby cutting problems on red tape.

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In Kalinga, the center is situated in Tabuk, being the trade and business hub of the province.

The creation of Nerbac is mandated under Republic Act No. 7470 or the Nerbac Act of 1992 to hasten economic growth and opens investment opportunities especially to the host local government unit.

In the Cordillera region, Kalinga is the second province to establish a center, next to Abra. But prior to the opening of Nerbac early this year, Kalinga already had a one-stop shop operating at the City Hall.

As economic research center, Nerbac maintains a data bank as reference for investors interested to open a business at the locality. As business assistance center, it relieves clients from hopping one agency to another in processing business papers.

The center also maintains a website server database for investors who would like to know of the province's socio-economic profile and other information that leads them to open the kind of business in the place. (Larry Lopez)