His Excellency BENIGNO S. AQUINO III
President of the Philippines
After his Working Visit to the United States of America, September 20-26, 2010
[September 28, 2010, Ninoy Aquino International Airport]
Vice President Jejomar Binay; Executive Secretary Paquito Ochoa; other members of the Cabinet; the AFP Chief of Staff, Lt. Gen. Ricardo David and the major service commanders; fellow workers in government; mga minamahal kong kababayan: Magandang umaga po sa inyong lahat.
It’s good to be home.
In the last week, during our visit to the United States, we were able to send our message across: The Philippines is open for business.
Sa pakikipag-usap natin sa mga pinuno ng pamahalaan ng Singapore at Malaysia, nagkaunawaan kami sa mga posibilidad para sa pagpapalawak ng ugnayang pang-komersyo. Maganda ang mga naging usapin namin at ito ay magiging mabuting simulain sa pagpapalakas at pagpapalawak ng ugnayan ng kanilang ekonomiya at ng ekonomiya ng Pilipinas.
Marami din po tayong nakausap na mga negosyante mula sa Amerika, na hindi lamang interesado, kundi talagang mag-iinvest sa ating bansa. Ilan po dito ay ang sumusunod:
- JP Morgan Chase
- Luen Thai Holdings, Ltd.
- Sutherland Global Services, Inc.
- Century Properties and General Electric
- Headstrong Corporation
- SPi Global
- Affinity Express
These meetings covered a wide range of sectors such as power generation, consumer products, business and knowledge process outsourcing, healthcare, and garments and leather goods.
We were able to secure a commitment of at least 43,650 new jobs over the next three years, including some 4,500 in construction-related jobs.
And because of the multiplier effect, we estimate 200,000 more jobs to benefit our countrymen.
AES will expand the capacity of the Masinloc power plant II by up to 660 megawatts, with a project cost of one billion dollars. This will lead to 1,500 jobs during the 3 to 4 year construction period and 100-150 FTEs for plant operations.
Coca-Cola will invest 1 billion dollars in their upgrading and replacement of equipment and creation of new products and processes.
The other companies are investing another 400 million dollars.
In short, our visit to the United States enabled us to generate 2.4 billion dollars in new investments.
Furthermore, we received an additional 434 million dollar grant from the Millennium Challenge Corporation to expand the coverage of existing social programs that have been performing outstandingly.
Masasabi natin na ang mga pag-uusap na naganap ay hindi lamang pakitang-tao. Malawak at detalyado ang mga naging usapin namin, at nararamdaman ng mga dayuhan ang bagong sigla at kompiyansya, na nararamdaman din ng napakaraming Pilipino ngayon.
Hinihikayat ko ang ating mga kapwa Pilipinong panay pa rin ang batikos: makiisa sana kayo sa ating pagsisikap na paunlarin ang bayan natin.
Kararating pa lang po namin, at medyo pagod, pero bale wala po yoon kung maganda naman ang dalang balita.
Maraming salamat po sa inyong lahat at magandang umaga po.
Stay up to date with your government.Subscribe Now
Stay up to date with your government.
Subscribe to Daylight, a weekly newsletter that features good news about the Philippines and Filipinos.
After signing up, you will receive a confirmation email that you will need to click through to confirm your subscription.×
Share on social media
More from the Briefing Room
- PNP holds necrological services for the 42 SAF members
- 1st meeting of Philippines-Viet Nam Joint Commission on concluding a Strategic Partnership held in Manila
- DOF-BLGF opens 197 positions to re-energize, reform local finance
- Joint statement of the GPH and MILF Peace Panels at the Special Meeting of the Panels in Kuala Lumpur, Malaysia
- January 30, 2015, is a National Day of Mourning
- Statement: The Secretary of Finance on the Q4 and FY 2014 GDP growth