Investments approved in 2011 grew 38% to P746.8B–PNoy
Investments approved last year rose 37.6 percent to P746.8 billion from P542.7 billion a year earlier, President Benigno Aquino III said Thursday.
Last year’s investments also translated into 194,000 job opportunities for Filipinos, the President noted in his speech during the National Career Advocacy Congress in Manila.
“Nagbunga ang investment na ito noong 2011 ng 194,917 na bagong trabaho. Inaasahan nga po nating dadami pa ang mga trabaho sa mga susunod na taon,” he said.
Four companies committed to investing P2 trillion in the next five years, Aquino noted.
“Isipin po ninyo, nakahanda at namumuhunan na ang pinakamauunlad na kompanya sa bansa ng mahigit dalawang trilyong piso.
Still, Aquino said he was not satisfied because he wanted all Filipino graduates to have a job.
“Ang gusto natin magbunga ng ginhawa ang pagtitiyaga ng mga magulang, siguruhing may espasyong pupunan sa merkado ang ating graduates, at bigyan sila ng sapat na kakayahang itaguyod ang nais nilang larangan at ang kalakhang lipunan,” he said.
The congress, attended by career guidance counselors, is a step to providing proper training, proper direction and proper opportunities to graduates, according to the President.
He said his administration was able to create 1.1 million jobs last year amid the slowdown in global demand.
“Habang gumaganda ang takbo ng ekonomiya ng buong mundo ay, siguro naman po, mahihigitan natin ng mas malaki ‘yon,” he added. —VS, GMA News
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