The total amount of investment generated this quarter reached P24,053 billion pesos or an increase of 54.13 percent over its 1st quarter level.
The bulk of investment under Board of Investment (BOI) approved projects were obtained by the provinces of Batangas, Rizal, Cavite and Laguna with P10,400 bilion or 54.2 percent. P6.804 billion or 35.5 percent, P1,570 of 8 percent and P.414 billion or 2.3 percent, respectively.
Province |
1996 |
1997 |
%Change |
Total Amount |
15,605.71 |
24,053.63 |
54.13% |
Aurora |
1.32 |
2.92 |
120.83% |
Batangas |
7,229.39 |
10,554.37 |
45.99% |
Cavite |
3,897.35 |
1,844.50 |
-52.67% |
Laguna |
3,338.75 |
4,013.36 |
20.21% |
Marinduque |
5.24 |
6.92 |
32.00% |
Mindoro Occ. |
20.59 |
40.76 |
97.92% |
Mindoro Oriental |
66.87 |
141.24 |
11.22% |
Palawan |
28.98 |
57.08 |
97.59% |
Quezon |
255.68 |
342.58 |
33.99% |
Rizal |
355.66 |
7,038.93 |
879.13% |
Romblon |
405.97 |
10.98 |
-97.30% |
As Of August 1998
i) Batangas |
P 25,675,135,000 |
ii)Palawan |
P 15,894,571,000 |
iii)Cavite |
P 2,571,201,000 |
iv) Laguna |
P 15,440,000 |
v) Quezon |
P 120,187,000 |
iv)Rizal |
P 32,315,000 |