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PIA Press Release
2007/09/04

Tagalog News: January-July '07 investment tumaas

Manila (4 September) -- Umaabot sa 28 percent pagtaas sa investment ang manufacturing at sector ang naitala ng Board of Investments (BOI) at Philippine Economic Zone Authority (PEZA) mula Enero hangang Hulyo ng taong kasalukuyan.

Ayon kay Trade and Industry Secretary Favila, umaabot sa P75.04 billion o 47.18 percent and foreign investments, karamihan ay mula Estados Unidos na may P37.3 billion commitment at sinundan ng Japan na may P18 billion at Norway-P11.17 billion.

Nakapagtala rin ng pagtaas ang domestic investment na umaabot sa P73.13 billion sa pangunguna ng SN Aboitiz Power Inc. na nakapaglagak ng P27.93 billion para sa rehabilitation ng 360-mega Magat hydro-electric power plant sa Isabela, at first Gen Cooperation na naglagak ng P7.72 billion para sa upgrading ng 112-megawatt Pantabangan-Masaway hydro-electric complex sa Nueva Ecija.

Ang sector ng information technology ay nakapagtala ng pagtaas sa investment na umaabot ng P10.21 billion o 60.51 percent increase. (pbc/PIA 12) [top]

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