Govt to boost
investments in tourism, agriculture, infrastructure – VP Binay
By OVP Media
February 28, 2013
MANILA – The
government is focusing to get more foreign investments in three
priority sectors, namely tourism, agriculture, and infrastructure,
Vice President Jejomar C. Binay said.
Speaking during the Arab
Gulf Programme for Development (AGFUND) awarding ceremony Monday
night, Binay said tourism has an “immediate effect” on the Philippine
economy with one new job created for every tourist that arrives.
“Tourism, for us, is a key sector that could really have a significant
impact on this administration’s twin goals of poverty reduction and
inclusive growth,” he said.
The Vice President said the government also has its sights set on
stimulating more agriculture-related investments “because this sector
plays to the key strengths of our country and tends to spur growth in
our rural areas.”
“This administration has been working towards rice self-sufficiency by
going back to the basics and helping our farmers through improved
irrigation systems and, among other things, a genuine certified seeds
program,” he said.
“Another sector that we want to prioritize is infrastructure because
it is the key to further growth and development in tourism and
agriculture, among other sectors. The lack of paved roads or adequate
transportation hubs has a direct effect on the quality of produce and
the convenience of tourists who wish to see the different parts of our
country,” he added.
The Vice President called for continued collaboration between the
government and the private sector, including international
organizations and other stakeholders towards attaining inclusive
growth, sustainable progress and greater peace and stability.
“To make all these possible, it is incumbent upon the different
sectors to bring their expertise to the table; it must involve
everyone. Nation building is never about those at the top huddling
together to impose their ideas on everyone else; it is about the whole
spectrum of society pulling together, steadily marching together
towards a single destination,” he said.
The AGFUND International Prize is regarded as an extension of AGFUND’s
advocacy on human development. It covers a variety of fields such as
poverty alleviation, microfinance, water, environment, rural
development, health, education, women and child development, youth
empowerment, technology, and food security.
AGFUND was established in 1980 upon the initiative of His Royal
Highness, Prince Talal Bin Abdul Aziz Al Saud of the Kingdom of Saudi
Arabia, with the support of leaders of the Gulf Cooperation Council
Countries including the United Arab Emirates, Kingdom of Bahrain, the
State of Qatar, the Sultanate of Oman and the State of Kuwait.