by Malaya, Oct 10, 2017
Investments registered with the Philippine Economic Zone Authority (PEZA) rose 94 percent in the first nine months of the year pushed largely by investments in ecozone development and manufacturing.
Total investments stood at P196 billion from P101 billion in the first nine months of the year.
Although the number of projects is lower at 438 compared with 447 last year, these projects would result in employment of 73,553.
Investments, however, in information technology continue to be sluggish, dropping 8 percent to P11 billion from P14 billion in 2016. There were fewer IT projects, 153 from 167 last year.
These projects would generate IT jobs for 49,068 individuals.
Ecozone took the chunk of committed investments at P123 billion while manufacturing accounted for P45 billion.
As of July, exports of locators in ecozones stood at $29 billion, 11 percent higher than the $26 billion exported a year ago.
Exports in IT were almost flat at $6.2 billion from $6.16 billion.
PEZA also recently approved four medical tourism zones, including the P2.4-billion facility of Century Properties Inc. in Makati City.
Top investors for the year include First Pangasinan Property Development. Achievement Realty Corp., Tubalan Cove Business, Ayala Land Inc. and Megaworld Corp., ecozone development; Sarangani Energy Corp. as a utilities company; Epson Precision (Philippines) Inc. and STMicroelectronics Inc. and STMicroelectronics Inc, electronics; B/E Aerospace BV (Philippine) branch, manufacturing and; Central Block Developers Inc., facilities enterprise.
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
