Investors now focused on entering P’sinan?
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| Photo Courtesy of BalitaPangasinan.blogspot.com |
We refer to
the announcement made recently by the Department of Trade and Industry (DTI)
that total investments that found their way into Pangasinan last year amounted
to at least P15 billion!
From all
angles of economy and business, that is definitely a gigantic accomplishment as
this augurs well for good economic opportunities as reflected by the DTI.
Attesting to
the truth of the claim, DTI-Pangasinan Provincial Director Peter Mangabat
disclosed that the data is based on business registrations in 2013 – adding
that the bulk of businesses which constitute 90 percent are in the area of
retailing.
Investments
definitely help a local government unit in its march towards progress. Even in
the comparatively ‘small’ area of retailing, investments can start the spark
which is necessary to ignite and propel the economy to greater heights. As
Mangabat had pointed out, the DTI is advocating entrepreneurship because this
would definitely generate income for businessmen. Needless to say, this income
for businessmen also assures employment especially to people in the area.
As analyzed by
Mangabat, it appears that promotional activities in the province helped much in
promoting Pangasinan -- and what promptly comes to mind are the current thrusts
of Governor Amado T. Espino Jr. in enticing or luring investors to Pangasinan.
Undeniably, Espino and the provincial government, together with a number of
municipal and city LGUs, have effectively implemented moves in the business or
economic area that have ostensibly convinced investors to enter Pangasinan.
Moreover, as
stated by the DTI official, there are other factors that may have likewise influenced
the entry of investments in the province like desirable infrastructure, ample
facilities,
conducive environment and local incentives for businessmen. All these factors
go hand in hand in making an investor decide to penetrate the province.
Obviously, discerning investors saw the presence of these factors in Pangasinan
and therefore decided to enter the province.
Unavoidably,
however, the next thrust is to convince them to stay here.
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