Investment Generation of BOI-Registered Projects by region July 1968 - December 1973

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Part of Business Day Special Report

Title
Investment Generation of BOI-Registered Projects by region July 1968 - December 1973
Language
English
Source
Business Day Special Report March 27, 1974
Year
1974
Rights
In Copyright - Educational Use Permitted
Fulltext
March 27, 1974 Business Dey Page 23the I locos area benefitting only 1,483 persons. Cagayan Valley has only two BOI registered plants creating job employment for only 527 persons. While there are 12 plants sited in Central Visayas, 10 of these are in Cebu. Despite this number, ■these plants should only be absorbing 1,522 per­ sons. In payroll terms, more people are being benefitted in Southern Taga, log and Northeastern Mindanao. The projects in Southern Tagalog would have created an annual payroll of P66.5 million by the end of 1973. Northeastern Min­ danao's payroll based on projects located here total P52.3 million. Payroll In Southern Tagalog alone, Rizal province tops the payroll list with P36.4 million annually. Surigao del Norte in Northeastern Mindanao comes second with an annual payroll of P22.0 million. Between July, 1968 and December, 1972, the dollar portion committed to implement these priority projects cost over $600 million of which $594 million consist of purchases of .machinery and equip­ ment. Latest figures *how that between January and December, 1973, $69.1 million are fresh addition to the dollar segment as a result of registration and approval of new pro­ jects. Of this, $68.2 million were to go into purchases of capital equip­ ment. By region Northeast­ ern Mindanao will get most of these equipment ,valued at over P246 million. Southern — log comes close $243 million. By province, Rizal outranks the rest with more than $101 million worth of equipment or 41.56 per cent of the total investments in machineries. Tagawith INVESTMENT GENERATION OF BOI-REGISTERED PROJECTS BY REGION July 1968 - December 1973 TOTAL INVESTMENT INVESTMENT IN MACHINERY & EQUIPMENT July 1968 - December 1972 January — December 1973 July 1968 - December 1972 January - December 1973 Peso Portion Dollar Portion Peso Portion Dollar Portion Peso Portion Dollar Portion Peso Portion Dollar Portion Region (P000) ($000) (P000) ($000) (P000) ($000) (P000) ($000) TOTAL 2,403,473 600,770 328,294 69,120 112,661 594,482 17,682 68,907 Region 1: 1 locos 54,747 17,686 93,832 13,953 6,558 17,686 13,953 Mountain Province 48,876 13,786 25,594 3,807 6,558 13,786 3,807 La Union 5,871 1,151 68,238 10,146 1,151 10,146 Pangasinan 2,749 - - 2,749 - - Region 11: Cagayan Valley 2,726 3,173 689 3,173 Cagayan 892 1,367 523 1,367 Isabela 1,834 1,806 - - 166 1,806 Region III: Central Luzon 56,338 27,389 5,500 27,362 Bataan 18,397 3,663 555 3,663 Bulacan 33,915 22,408 - - 3,415 22,381 - - Zam bales 4,026 1,318 - - 1,530 1,318 - - Fbgion IV: Southern Tagalog 548,503 245,466 141,098 33,895 40,283 243,159 4,599 33,895 Batangas 115,906 80,206 47,817 7,430 80,206 300 7,430 Cavite 53,964 20,266 - - 49 20,266 - - Laguna 45,638 27,963 32,271 11,114 874 27,963 582 11,114 Or. Mindoro 12,329 1,348 - , — 223 1,348 - — Palawan 4,284 1,510 - — 1,385 1,510 - — Quezon 32,047 9,982 7,398 1,410 7,867 9,982 221 1,410 Rizal 284,335 104,191 53,612 13,941 29,885 101,884 3,496 13,941 Region V: Bicol 50,704 9,071 - - 1,500 9,071 - - Albay 6,354 326 - - 11,500 326 - - Camarines Norte 2,707 2,158 — - - 2,158 - - Camarines Sur 41,348 6,500 - - — 6,500 — - Masbate 295 87 - - 87 - - Region VI: Western Visayas 39,559 11,123 2,461 446 160 11,-123 3,479 446 Capiz 902 166 50 166 Negros Occ. 20,256 4,352 2,461 446 110 4,352 3,479 446 Iloilo 18,401 4 6,605 6,605 ■ - - Region VII: Central Visayas 31,602 18,213 16,391 1,780 16,018 18,213 495 1,780 Cebu 23,625 6,511 16,391 1,780 8,041 6,511 495 1,780 Negros Oriental 7,977 11,702 - 7,977 11,702 - - Region VIII: Eastern Visayas 8,441 3,083 10,259 3,174 1,840 3,083 J,724 3,174 Leyte 5,594 1,326 1,736 849 1,840 1,326 1,250 849 Samar 2,847 1,757 8,523 2,325 - 1,757 474 2,325 Region IX: Western Mindanao 15,188 1,820 1,267 338 9,895 1,820 338 Zamboanga del Sur 2,856 1,820 1,267 338 63 1,820 338 Sulu 12,332 - - 9,832 - - Region X: Northeastern Mindanao 1,529,798 250,401 30,772 8,235 16,114 246,447 3,57 8,022 Agusan 10,604 7,212 4,704 3,193 774 7,212 - 3,193 Bukidnon 71,686 59,192 - - - 59,192 - - Lanao del Norte 229,955 73,033 26,068 5,042 8,357 73,033 3,570 4',829 Lanao del Sur 1,080 157 - - 180 157 - • - Misami^ Oriental 22,198 2,743 - - 4,905 2,743 - - Surigao del Norte 1,092,041 62,545 - ’ - 442 58,591 - - Surigao del Sur 102,234 45,519 - - 1,456 45,519 — Ftegion XI: Southern Mindanao 65,867 13,345 32,214 7,299 14,104 13,345 3,775 7,299 Cotabato 40,599 8,646 14,110 2,442 10,986 8,646 930 2,442 Davao 25,268 ■ 4,699 18,104 4,857 3,118 4,699 2,845 4,857
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