Amor Y. Saludar
Cebu, May 4 (PIA) ---
Government is really on eyes of initiatives that involved industry, livelihood
for Filipinos and infrastructure as these are part of the strategies towards
development.
President Benigno
Aquino III in his Labor Day visit to Cebu shared these thoughts during the
inauguration of an expansion project of CEMEX-Philippines, a cement company in
Naga City, Cebu.
CEMEX was established
in 1999 through the investments of CEMEX in Mexico and the APO Cement the
largest cement plant in the Philippines.
“Nabigyan po tayo
ng kakayahang itaguyod ang mga ganitong mga inisyatiba dahil sa paglago ng
ekonomiya,” Aquino said.
The President
cited the National Economic Development Authority (NEDA) figures that
the country has recorded a 6.3 percent average GDP growth every year since the
start of the Aquino administration in 2010.
“Ang pinakamabilis
na paglago ng ating ekonomiya sa loob ng nakaraang 40 taon. Ayon sa ating
economic managers, kapag naabot natin ito, ang resultang 6-year average ang
magiging pinakamabilis na paglago ng ating ekonomiya simula po noong 1955, o sa
loob ng nakalipas na animnapung taon,” the president added.
Aquino then pleged to
continue this economic development of the country by targeting 6 to 7 percent
economic growth increase this year and he said
because of this
economic development, investors will then have confidence to invest in our
country.
“Sa pag-usbong ng mga
bagong negosyo, dadami ang malilikhang trabaho; lalawak ang oportunidad sa
pag-asenso ng mas maraming pinaghandang Pilipino,” Aquino
concluded. (mbcn/ays/PIA7)