INVESTMENTS PLEDGED to the Philippine Economic Zone Authority (PEZA) reached P68.609 billion from January to July, up by 57.54% from year-ago levels, data released yesterday showed.
The growth is slower than the 58.8% rise seen in the first half of the year.
The agency will have to lure roughly twice as much of this seven-month tally in the remaining months to hit its yearend target of P206.67 billion.
PEZA officials could not be immediately reached for comment, but Public Relations Head Elmer C. San Pascual had earlier said the target — a 15% increase from 2009 levels — will be maintained as pledges usually surge later in the year.
The 296 projects that make up the amount as of July are projected to make $4.404 billion in export sales once they are operational, the data showed. This is nearly triple the forecast export sales of investment projects registered in the same period last year.
More than 55,000 jobs will be generated from the investments, a fifth more than the jobs expected from projects registered in January-July last year.
PEZA, along with other investment promotion agencies, have the task of luring P345.40 billion worth of pledges this year and a total P2.405 trillion by 2014, as targeted under the Philippine Investment Promotions Plan. — JADH
Sept 5 – Oct 5
National Teachers Month
“Pay teachers decent wages,
Pay attention to teachers!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
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September
Monthly Observances:
Health, Safety, and Sanitation Month
Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 5)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: Family Week
Daily Observances:
Third Saturday: International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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