MANILA, Philippines — Confidence in the Philippine economy has resulted in P439 billion in investments at the Philippine Export Processing Zone since the start of his administration in 2010, President Benigno Aquino III said on Saturday.
Aquino said the amount represented 22 percent of the total P2.003 trillion in investments that poured into PEZA since 1995.
“Mantakin po ninyo: Ang kabuuang halaga ng puhunang pumasok sa PEZA mula 1995 hanggang Pebrero 2012 ay nagkakahalaga ng P2.003 trillion,” President Aquino said.
“Noong nakaraang taon, naabot natin ang pinakamalakas na bugso ng puhunan sa PEZA sa halagang 288.3 billion pesos. Umabot sa 439 bilyong piso ang kabuuang halaga ng investment sa PEZA mula sa unang araw ng ating pagkakaluklok, hanggang sa pinakahuling datos na nakalap nito lamang nakaraang linggo,” he added.
President Aquino made the remarks in his speech during ceremonies at the People Power Monument marking the 26th anniversary of the Edsa I Revolution.”Dahil naman sa mga repormang isinusulong natin sa sektor ng komersiyo’t pangangalakal, ramdam natin ang kakaibang kompiyansa ng buong mundo sa ating bansa,” President Aquino said.
“Hindi po natin ugaling magtaas ng sariling bangko. Pero kapag labing-anim na beses tayong nakapagtala ng all-time high sa stock index, at kapag ang Moody’s, Standard and Poors, Fitch, at Japan Credit Ratings Agencies na po ang makailang beses na nag-angat sa ating grado, hindi naman po siguro pagyayabang ang tawag dito. Reporma, at resulta po ang tawag dito,” he added.
Aquino said the amount represented 22 percent of the total P2.003 trillion in investments that poured into PEZA since 1995.
“Mantakin po ninyo: Ang kabuuang halaga ng puhunang pumasok sa PEZA mula 1995 hanggang Pebrero 2012 ay nagkakahalaga ng P2.003 trillion,” President Aquino said.
“Noong nakaraang taon, naabot natin ang pinakamalakas na bugso ng puhunan sa PEZA sa halagang 288.3 billion pesos. Umabot sa 439 bilyong piso ang kabuuang halaga ng investment sa PEZA mula sa unang araw ng ating pagkakaluklok, hanggang sa pinakahuling datos na nakalap nito lamang nakaraang linggo,” he added.
President Aquino made the remarks in his speech during ceremonies at the People Power Monument marking the 26th anniversary of the Edsa I Revolution.”Dahil naman sa mga repormang isinusulong natin sa sektor ng komersiyo’t pangangalakal, ramdam natin ang kakaibang kompiyansa ng buong mundo sa ating bansa,” President Aquino said.
“Hindi po natin ugaling magtaas ng sariling bangko. Pero kapag labing-anim na beses tayong nakapagtala ng all-time high sa stock index, at kapag ang Moody’s, Standard and Poors, Fitch, at Japan Credit Ratings Agencies na po ang makailang beses na nag-angat sa ating grado, hindi naman po siguro pagyayabang ang tawag dito. Reporma, at resulta po ang tawag dito,” he added.
By: Norman Bordadora, INQUIRER
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