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Gov’t gearing up for more investor roadshows

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By Prince Golez

The government plans to conduct more roadshows to attract investments to the Philippines, Communications Secretary Martin Andanar said on Thursday.

To achieve the country’s target gross domestic product (GDP) growth rate for 2019, Andanar said the Duterte administration will continue fostering an environment that is conducive to investments, and reduce bureaucracy and limit corruption.

The official was reacting to the Philippine Statistics Authority (PSA) report that the Philippine economy surged to 6.2 percent in the third quarter of this year.

Andanar attributed the GDP growth for the quarter to “our aggressive ‘Build, Build, Build’ infrastructure program as seen by the uptick in government spending.”

The administration, he added, is “determined” and “committed” in reaching its 6.0 to 7.0 percent full-year 2019 growth target.

“These effective economic reforms introduced by President Rodrigo Roa Duterte will ensure that the Filipino people have a comfortable life for the medium and long term,” Andanar said.

The government plans to conduct more roadshows to attract investments to the Philippines, Communications Secretary Martin Andanar said on Thursday.

To achieve the country’s target gross domestic product (GDP) growth rate for 2019, Andanar said the Duterte administration will continue fostering an environment that is conducive to investments, and reduce bureaucracy and limit corruption.

The official was reacting to the Philippine Statistics Authority (PSA) report that the Philippine economy surged to 6.2 percent in the third quarter of this year.

Andanar attributed the GDP growth for the quarter to “our aggressive ‘Build, Build, Build’ infrastructure program as seen by the uptick in government spending.”

The administration, he added, is “determined” and “committed” in reaching its 6.0 to 7.0 percent full-year 2019 growth target.

“These effective economic reforms introduced by President Rodrigo Roa Duterte will ensure that the Filipino people have a comfortable life for the medium and long term,” Andanar said.

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