Investment Condition

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

  1. Region 4 got 33 projects or 24.09% of the 137 total number of projects approved by BOI as of August 1998 with estimated employment generation of 6.633M.
  1. Laguna got highest number of projects (9) or 27.27% of 33 total projects approved for region 4. These 9 projects are expected to generate 409,000 employment opportunities.
  2. Cavite follows with 8 projects or 24.24% of 33 which are expected an employment generation of 4,164M (highest employment generation in region 4).
  3. Batangas got 5 projects or 15.15% with employment of 519,000.
  4. Rizal has 4 project which are expected to employ 339,000.
  5. Quezon province has 2 projects which hopes to employ 487,000 people.
  6. In MIMAROPA Provinces, Palawan got 4 projects while 1 investment portfolio has been approved for Oriental Mindoro. These projects are expected to generate 714,000 employment (Palawan - 678,000; Oriental Mindoro - 36,000).
  7. Of the total cost of project,

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

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