Bulacan gets P3-B investment from big-ticket projects
MALOLOS CITY (14 October) -- At least three billion pesos of investments have been generated from the big-ticket projects that are currently operating in and out of the industrial estates in Bulacan province.
According to Jerry Caguinguin of Bulacan's Investment Promotion Unit, the Fisher Farms Inc., in Pulilan; United Pulp and Paper Company and Pro-Organic Fertilizer Plant both in Calumpit and BFC Worldwide in Guiguinto are among the big investors that either jumpstarted or expanded their businesses in the province with at least P100 M investment.
He also added that these companies have registered to the Bulacan Investment Incentive Board that allows them to enjoy tax holidays and incentives in accordance to the Provincial Investment Incentive Ordinance.
Governor Josie Mendoza-Dela Cruz said this achievement reaffirms the study of the University of Asia and the Pacific School of Economics entitled "Boomtowns and Gloomtowns: An index of market potential," where Bulacan is among the top five provinces that has strong market attractiveness, market infrastructure and market growth.
Dela Cruz guarantees potential investors who decide to jumpstart their business here, either by establishment of new enterprise or expansion, will surely take advantage of the province's favorable business environment.
Bulacan, with its strategic location, serves as Metro Manila's gateway to the north. Apart from this competitive advantage, Governor Dela Cruz cited the province's highly productive human resources, abundant natural resources, well-developed infrastructure support, reasonable cost of doing business, effective government-private sector partnership for investment, favorable peace and order situation, and attractive incentive by Provincial Government are enough substantial reasons to motivate the investors to jump-start their business in Bulacan. (PIA-Bulacan) [top]
