Sec. 1. In addition to its present membership, the Central Visayas Regional Projects Board shall have four (4) members from the private sector and non-government organizations who shall be appointed by the President upon nomination by the Regional Development Council for Region VII. The following criteria shall be considered in the selection of the nominees:
1. representatives of the private sector and non-government organizations must be nominated by organizations duly registered with the Securities and Exchange Commission;
2. the organization should preferably be regional in scope; and
3. sectoral representation should be as wide as possible.