Monday, April 12, 2010

First World Philippines under GOD Opportunities/Good News



Go to this link, please : http://business.inquirer.net/money/topstories/view/20100412-263863/7-big-winners-to-raise-75B-investments-for-RP .

Here's wonderfully good news about opportunities for a 'First World Philippines under God'. I do pray that the new set of leaders will cease to be politicians but will become businessmen and ecocnomists so they will not pass up this big (it's big) opportunity. Just to quote :

"According to the Joint Foreign Chambers (JFC)—a loose umbrella organization of several Philippine-based foreign chambers of commerce—these “seven big winners” are agribusiness; business process outsourcing; creative industries; infrastructure; manufacturing and logistics; mining, and tourism, medical travel and retirement.

Australia-New Zealand Chamber of Commerce president John Casey predicted that as much as $75 billion in foreign direct investments would flow into these industries from the 2010-2020 period should the government and the private sector focus on developing these industries. "

A total of ten million jobs would also be created by these investments, Casey said in a briefing in Makati City Monday.

Casey based his estimate on the fact that the Philippines usually received about one percent of the total foreign direct investments that flow into the Asia-Pacific region that averaged $200 billion on any given year, thus the $75-billion estimate for the next decade.


Hey, those who consider and posture themselves as leaders and managers of this country , wisen up, will you? It's about time.

No comments: