Presidential Communications Operations Office



  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Monday, 19 August 2019 News Before 1 Feb 2012. Click for Latest
Web PIA  
 
home
 
about
 
fotos
 
info
 
links
 
ncrr01carr02r03calmimr05r06r07r08r09r10r11r12r13
 << August 2019 >> 
S M T W T F S
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
Special News Editions:
English.Tagalog.Cebuano
Ilocano.Waray.Hiligaynon
Pangasinan.Other
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
English.Tagalog.Cebuano
Waray.Hiligaynon.Ilocano
Pangasinan.All
PIA Archive News Reader

PIA Press Release
2010/08/06

Construction posts highest growth in Davao region's industry sector

By Mai Gevera

Davao City (6 August) -- A notable boom in government infrastructure projects and private construction caused a 19.6 percent growth in the construction sector for year 2009.

The National Statistical Coordination Board XI released yesterday the study results on the performance of the Davao Region economy.

NSCB regional head Estrella Turingan bared that construction grew by 19.6 percent in 2009 from 5.5 percent in 2008 because of the massive implementation of government infrastructure projects along with the boom of private construction.

It was noted that construction posted the biggest contribution to GRDP growth, boosting the entire industry sector.

In 2009, the industry sector accounting for 34.4 percent of the region's economy posted a hefty performance as it registered a 10.2 percent from 2008's 5.4 percent.

The NSCB also noted a growth on electricity and water, from 4.0 percent in 2008 to 5.1 percent in 2009. This was believed to have brought about by the increase in sales of electricity distribution.

The year 2009 also proved to be good for mining and quarrying as it rebounded from a negative mark in 2008 to a 3 percent growth the following year. Such growth was attributed to the better performance in the region's gold production.

However, a slow growth in manufacturing was noted in 2009. From 8.1 percent in 2008, it slumped back to 7.1 percent in 2009. NSCB attributed it to the stable performance of food and beverage manufacturing in the region.

NSCB follows the GRDP measured of goods and services produced in each of the geo-political regions.

The GRDP which provides for an analysis of the regional distribution of the country's GDP and the pace of the movement of these economies is compiled on an annual basis by the NSCB. (PIA XI) [top]

|«  prev  next  »|
DAILY NEWS LIST:
»NEDA-11 leads RDC reorganization, decentralized development
»Construction posts highest growth in Davao region's industry sector
»Nutrition council notes decline in breastfeeding mothers
»DAR names 5 ARB banner processed products
»Martial arts festival slated at Campo Agua August 7-8
»Feature: Davao farm road to provide access to market, social services
»Southern Leyte PENRMO empowers stakeholders in fish santuary management
»Calbayog mayor conducts emergency meeting of peace and order council
»Calbayog campus journalists remember 120th birthday of then Senate President Jose Avelino
»Roxas City pledges support to civic group
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines