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PIA Press Release
2007/10/11

Super mega regions to propel economic growth

By Rose Palacio

Davao City (11 October) -- The Arroyo Administration in its economic plans has included the establishment of super mega regions in the country for the government to deliver the socio-economic goods to the people right on their doorsteps.

Building the economics of super regions in the country would give the citizenry a preview on how it is to live under the regime of political equity, said Presidential Spokesperson & Press Secretary Ignacio Bunye.

The tourism industry is one of the top dollar earners of the country as The President has identified Mindanao's tourist spots in the island that would provide more jobs for the unemployed.

The more tourists there are, the bigger the chance they will visit Mindanao. This is because there are lots of potentials Mindanao can offer.

President Arroyo said she envisions the Philippines to be in the world class level. To do this, the Arroyo administration will invest in five comprehensive strategies for global competitiveness: 1) make food plentiful and affordable to keep our labor cost globally competitive; 2) reduce the cost of electricity to make our factories regionally competitive; 3) modernize infrastructure at least cost to efficiently transport goods and people; 4) mobilize, upgrade, and disseminate technologies for productivity; and 5) reduce red tapes in all agencies.

In a recent Bishop-Ulama conference-AFP-PNP peace forum held in Malacaņang, the President called on "leaders in public and private positions of responsibility, in civilian and military life to join to continue joining, to continue to chart a course of investment in our people and economic growth."

We are now entering a new era where the vast majority wants a predictable future, a steady job and a calm political climate. We are moving as a nation. The people are concerned about maintaining peace, order and stability. We have been through many upheavals. The people deserve a stable government and economic progress. That is what they are getting now, the President said. (PIA XI) [top]

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