Invest Digest 2021 2nd Sem (As of 3.24.22)
Invest Digest 2021 2nd Sem (As of 3.24.22)
Invest Digest 2021 2nd Sem (As of 3.24.22)
Capital-Intensive Projects
Streaming in Bulacan
Infrastructure spending is believed to have a
very high multiplier effect and very critical in
• Zambales' Export Performance Rises Among the capital-intensive projects which have
Amidst the Pandemic - p.12 been completed, are currently being constructed
• DTI-3 Launches 23 Negosyo Centers or about to be developed are United Pulp and
continued on page 4
MEGAWORLD BRINGS will take its design inspiration from the former
PASUDECO building. Worth some ₱1.8 billion with a
CAPITAL TOWN TO PAMPANGA gross floor area of 33,000 square meters, the Capital
Mall is set to be completed in 2022. It is a fitting
Megaworld Corporation, one of the country’s leading tribute to the legacy of Pampanga’s oldest sugar
real property developers of commercial leases and mill.
residential spaces, is currently in Pampanga for its
first integrated urban township project, the Capital Capital Town Pampanga will also house BPOs,
Town. The township project sits on a 35-hectare offices, shophouses as well as residential units and is
property right in the heart of the City of San Fernando expected to generate employment for the residents
where the former Pampanga Sugar Development of the City of San Fernando and nearby areas. -Rhia
Corporation (PASUDECO) used to operate and was Laxa, DTI-Pampanga
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On September 9, the foundation held the Webinar Engr. Susana S. Santiago, OIC-Assistant Regional
on Investment Promotion in the New Normal to Director of the National Economic and Development
keep the IPOs abreast on the emerging trends Authority-Region 3 (NEDA-3) presented and
and challenges that have transformed investment discussed the Central Luzon’s Regional Economic
promotion in the new normal. Situation and Development Outlook. On the other
hand, Dr. Alvin P. Belarmino, Regional Governor of
The foundation tapped Ms. Maria Rosario J. the Philippine Chamber of Commerce and Industry-
Dominguez, Director for the Domestic Investments Region 3 (PCCI-3) shared how the pandemic has
Promotion Service of the Board of Investments (BOI), affected the business community and how they
as the resource speaker of the webinar. Director adapted to the new normal.
Dominguez shared the experiences of BOI on how
they navigate thru the pandemic and presented the Both webinar sessions, which were conducted
emerging trends in investment promotion that the via Zoom and streamed via Facebook Live, were
economic frontliners in the region can replicate in participated in by the Central Luzon IPOs, Business
their respective LGUs. Permit and Licensing Officers (BPLOs), Local
Economic and Investment Promotions Officers
To assess the economic impact of the COVID-19 (LEIPOs), Negosyo Center Business Counsellors and
pandemic to Central Luzon in particular and to the industry stakeholders. -Rona O. Dizon, CLGCFI
the Philippines in general, another webinar was
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Aside from these, three big medical facilities are also FBBP is the first pharmaceutical ecozone registered
being erected, such as the ALLIED CARE Experts under the Philippine Economic Zone Authority
(ACE) Malolos Doctors Hospital and Paramount (PEZA) through a proclamation issued by President
Medical Center, both in Malolos, and Luzon Alliance Rodrigo Duterte on January 27.
Medical Center in Guiguinto.
BulacanSol
All these projects faced delay due to quarantine
restrictions that limited movements of manpower,
construction supplies and materials.
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The launching was led by DTI-3 Regional Director OTOP Hub is a retail one-stop shop that showcases
Leonila T. Baluyut. In her message, she said, “One OTOP products in the different regions of the
of the directives of DTI-Region 3 is harmonization of Philippines. It gives opportunity for MSMEs to sell and
OTOP Hubs and we really need to have impact in all promote their products in the different regions. The
the things that we do.” Tarlac hub is the third one established in the region
and has 39 exhibitors, also called OTOPreneurs, from
Partners and stakeholders from the Philippine continued on page 12
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DTI-BULACAN STRENGTHENS
INSTITUTIONAL COLLABORATION
EFFORTS AMIDST THE PANDEMIC
The Department of Trade and Industry
(DTI) Bulacan Provincial Office continues
to collaborate and partner with various
institutional bodies, even exploring
creation of new and revitalizing non-
functional organizations, to provide
support interventions to Micro Small and
Medium Enterprises (MSMEs) affected
by the COVID-19 pandemic.
DTI Bulacan sees the MOA with BulSU as a strategy that will
allow more students to appreciate entrepreneurship and
take interest in business undertakings. This will result to the
establishment of new MSMEs, expansion of existing ones
and will thereby contribute to the overall MSME development
agenda of the province. -Edna D. Dizon, DTI-Bulacan
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DTI-Zambales organized an Exporters’ Forum for performance both of 2019 and 2020. The increase
exporters and allied support services on September in export performance was due to products such
24 via Zoom with the theme “Trends and Policy as electronics, gold and banana being exported to
Directions in the New Normal”. With around 50 the US, China, Hong Kong, Japan and Singapore.
participants, the activity was graced by Ms. Anna One of the factors identified in having a stronger
Quito, Department Head of the Trade Facilitation and export performance is the trade preferences and
Compliance of the Subic Bay Metropolitan Authority agreements. AD Sykimte also talked about the
(SBMA), Assistant Director Bea Pearl Sykimte of the perfect storm like the US-China Trade War, the
Export Marketing Bureau and Mr. Benjamin Antonio strain on the supply of chips where there was a big
III, President of the Subic Bay Freeport Chamber of demand on electronics due to the lockdowns and
Commerce Inc. (SBFCCI). some environmental factors such as the drought in
Taiwan and cold front in Texas. She also reported
Ms. Quito reported that exports in the zone posted the expected increase on semi-conductor and
an increase from 2019 to 2021 amidst the pandemic. electronics by 7% up to year 2026, with China seen to
Year 2021 is considered a banner year with an 86% lead the electronics manufacturing.
increase from 2020 exports.
On export potentials, AD Sykimte disclosed the
In 2020, 69 new investment projects worth ₱1.22 products which have the most potential to world
billion were launched in Subic, mostly in the sectors trade, namely, smartcards, LED lamps, and office
of construction, health and wellness, logistics, and machines. She presented the total product
ICT, creating 682 new jobs. For existing locators potentials vis-a-vis actual exports and the remaining
and investors, 16 projects were expanded in the untapped exports.
areas of construction, leisure, petroleum, and
logistics amounting to a total of ₱163 million and Further, AD Sykimte revealed the key measures to
264 additional jobs. Revenues increased from ₱153 address the current challenges such as the adoption
billion in the 1st semester of 2020 to ₱166 billion in of robust sourcing strategies, building of robust
the 1st semester of this year. predictive supply chain planning and decision-
making processes, and the significant role of the
AD Sykimte presented the new export trends semi-conductor manufacturers across all industries.
and opportunities on the national scenario. Her -Cynthia V. Jaravata, DTI-Zambales
report showed how 2021 exceeded the export
Tarlac and other provinces. drive inclusive local economic growth. The program
enables localities and communities to determine,
Director Baluyut congratulated the MSMEs for their develop, support, and promote products or services
determination despite the pandemic. “DTI is always that are rooted in their respective local cultures,
here to assist you whether it be for packaging, new community resources, creativity, connection,
products, marketing, and linkage,” she said. and competitive advantage. It also endeavors
to capacitate the ‘OTOPreneurs’ to innovate and
OTOP Philippines is a priority stimulus program for produce market-ready products and services. -Zaida
MSMEs as government’s customized intervention to F. Garibay, DTI-Tarlac
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Among the activities that were implemented are The project also extended its assistance to non-
procurement matching between peanut processors GWP2-enrolled women entrepreneurs of the
and farmers, technology assistance through region. Assistance provided to them included the
provision of small value tools, participation of women participation to GWP2 partner agencies’ capacity
entrepreneurs in the Integrated Marketing Training building activities, link to financial loans and other
Program under the WGDP as supported by the relevant programs.
USAID under the EPESO Agreement, participation
of WMEs to local trade fairs and diskwento caravans, Monitoring and evaluation activities were conducted
and monitoring and evaluation activities. to continually assess the WMEs' situation and
possibly address their needs especially during the
Under the technology assistance, a total of forty- early period of the pandemic.
six (46) enrolled WMEs received their requested
small value tools and equipment to improve their On December 14, a culmination activity was held
production capacity and quality. The procurement to formally end the GWP2 program and to give
of said equipment worth ₱14,500 each and below recognition to the efforts of all project enablers.
from the first to third batch of WMEs from the seven WMEs of Central Luzon and project enablers from
provinces was completed on December 10. DOST-3, DA-3 and PCW Project Management
Office attended the face-to-face program which
In collaboration with GWP2 partner agencies, DTI- was simultaneously hosted via Zoom Video
3 extended assistance, through vehicle rental, Conferencing. -Roxanne S. Luis, DTI Regional Office
to the WMEs’ participation in Provincial Rolling 3
Stores, Diskwento Caravans and Local Trade Fairs as
additional opportunities to market their products,
DTI-TARLAC LAUNCHES SSF ON FOOD
generate sales, and capture institutional buyers. On TESTING LABORATORY from page 14
July 22-28, ten (10) WMEs from Bataan, Pampanga
and Nueva Ecija were subsidized by the GWP2 Administration (FDA) registrations.
that allowed them to participate in the Kadiwa ni
Ani at Kita Project cum GWP2 that was held at SM The SSF Project aims to improve the competitiveness
Megacenter Cabanatuan, Nueva Ecija. of MSMEs by providing them with machineries,
equipment, tools, systems, skills and knowledge
DTI-3, through the GWP2, encouraged WMEs under a shared system. It is being implemented
to sustain their businesses and increase their nationwide with project partners termed as
competitiveness and market reach, especially cooperators. At present, there are 27 SSF projects
on online marketing platforms. In the face of the being maintained in the Province of Tarlac. -Zaida F.
pandemic, DTI-3 provided online learning sessions Garibay, DTI-Tarlac
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“ The project is a
government initiative
for the National
Broadband Plan, the
first of its kind for the
Philippines.
with Facebook for the Luzon Bypass Infrastructure The PLCN is a 12900-kilometer submarine cable
(LBI) project to build an “ultra high-speed connecting Hong Kong and Los Angeles, consisting
information highway” with the goal of improving the of 6 fiber pairs. PLCN is designed with Open
speed, affordability, and accessibility of broadband Cable structure and the state-of-the-air C+L band
internet in the Philippines. technology, with a capacity of 24 tbps per fiber
pair. Facebook, Google and Pacific Light Data
The LBI project is a government initiative for the Communication (PLDC) are the co-builders of the
National Broadband Plan (NBP), the first of its kind PLCN cable system. Facebook owns one dedicated
for the Philippine government to implement by fiber pair in the PLCN cable system and this is
building and operating its own submarine cable extended to the Philippines.
landing stations.
In exchange for utilizing the LBI, Facebook will
Under the agreement, BCDA builds the LBI made up provide the Philippines with a spectrum equivalent
of two cable landing stations and a 250-kilometer to at least 2 tbps, which is almost equal to the
long cable network corridor connecting the two current combined capacity of Globe and Smart
cable landing stations, the Aurora Cable Landing PLDT, the two telco giants which currently dominate
Station on the east of the Luzon Strait and the San the telecom industry in the Philippines.
Fernando Cable Landing Station on the west of the
Luzon Strait. The DICT meanwhile complements by The LBI takes advantage of the Philippine geography,
operating the LBI, maintaining related facilities and providing a bypass route for international submarine
providing last mile connectivity in the Philippines for cable owners seeking diversity from the Luzon
a period of 25 years. Strait which has a history of multiple simultaneous
submarine cable breakdowns.
Facebook will be the first to make use of the LBI.
Facebook will construct and operate the submarine The LBI project was expected to go online in 2019
cable system that will land in the said cable stations but plans were derailed because of the pandemic.
providing the company with direct connections To date, the cable landing station is waiting for
from Luzon to internet hubs in the United States the proper time to be fully operational. -Cecilia B.
and Asia. This will be made possible thru the Pacific Marino, Provincial Government of Aurora
Light Cable Network (PLCN).
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BALER, Aurora
3rd to 4th Class Municipalities Category
Rank 4, Infrastructure
BALIWAG, Bulacan
1st to 2nd Class Municipalities Category
Rank 5, Economic Dynamism
SAMAL, Bataan
3rd to 4th Class Municipalities Category
Rank 8, Government Efficiency
continued on page 16
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invest digest
CLGCFI
EDITORIAL TEAM
Raquel R. Malig
Editor-in-Chief
Rona O. Dizon
Managing Editor
Barry J. Pangilinan
Layout
9th Regional Competitiveness Summit streamed live over the CMCI Facebook Page with Ms.
Phoemela Baranda hosting the event. Contributors
Jerry C. Caguingin
Elmina A. Cruz
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