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
Nov 16 – International Day for Tolerance
“No more toleration of corruption!”
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)
of Myanmar. Reject Military!
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November
Nov 2 – Intl Day to End Impunity for
Crimes Against Journalists
Nov 9 – World Science Day for Peace
and Development
Nov 16 – International Day for Tolerance
Nov 19 – World Toilet Day
Nov 20 – World Children’s Day
Nov 25 – Intl Day for the Elimination of
Violence Against Women
Monthly Observances:
Homes Safety Month
Filipino Values Month
National Rice Awareness Month
National Consciousness Month
for Punctuality and Civility
Environmental Awareness Month
National Children’s Month
Organic Agriculture Month
Weekly Observances:
Nov 19-25: Global Warming and
Climate Change Consciousness Week
Nov 23-29: National Girls’ Week
Population and Development Week
Nov 25 – Dec 12: Social Welfare Week
18-Day Campaign to End
Violence against Women
Week 2: Week 3: Drug Abuse Prevention
and Control Week
Last Week: Safety and Accident
Prevention Week
Daily Observances:
Last Saturday: Career Executive Service
Day
Nov 19: National Child Health Day
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