Potentials and Challenges in the Island /...
Transcript of Potentials and Challenges in the Island /...
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Potentials and Challenges in the Island / Region
D.C. Ledres, Jr.NEDA Region 7
Multi-Stakeholder Briefing: Industry Development
and the Philippine AEC Game Plan
02 December 2014
Marco Polo Plaza Hotel, Cebu City
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1 Socio-Economic Performance
2 Potentials for Growth
3 Challenges to Growth
4 Conclusion
Outline
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Part 1
Socio-Economic Performance of Central Visayas, CY 2010 - 2013
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Source: NSCB
GRDP Growth Rates, Central Visayas
12.511.7
10.710
7.48.5
7.1 6.86.2 5.8
12.4
10.6
9.38.2 8.1
9.4 9.18.4
7.8 7.7 7.4
0
2
4
6
8
10
12
14
1st in
20103rd in
20113rd in
2012
6th in
2013
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Real Gross Regional Domestic Product, Visayas by Region
2009-2013
2009 2010 2011 2012 2013
Visayas 665,784 718,742 759,128 801,957 850,461
Region 6 217,482 227,242 241,401 259,923 270,653
Region 7 301,883 340,701 363,826 398,004 427,614
Region 8 146,419 150,799 153,901 144,030 152,194
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100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
In M
illio
n P
eso
s
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Economic Contribution by Geographic Area to the
National Economy
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Sector 2010RDP Plan Targets Accomplishments
2011 2012 2013 2011 2012 2013
GRDP 12.5 5.7- 6.1 6.5 - 7.0 6.7 - 7.3 6.8 9.3 7.4
Agriculture 3.4 2.7 - 3.2 3.3 - 3.8 3.4 - 3.9 3.7 (0.6) 0.3
Industry 22.1 6.3 - 6.8 7.7 - 8.2 7.8 - 8.3 9.3 10.9 9.7
Services 9.2 5.8 - 6.3 6.4 - 6.9 6.8 - 7.3 5.7 9.6 6.9
Sources: NSCB, Regional Development Plan
CV Performance Against RDP Targets
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64.49
92.72
7.28
18.84
65.51
93.75
6.26
20.09
0
10
20
30
40
50
60
70
80
90
100
Labor ForceParticipation Rate
(%)
Employment Rate(%)
UnemploymentRate (%)
UnderemploymentRate (%)
First Sem 2014, Selected Employment Indicators
Philippines
Central
Visayas
Source: LFS
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Central Visayas Poverty Indicators
(0.3)(4.7) 25.726.030.7Region VII
(3.2)1.6 24.027.225.6Siquijor
15.9 (10.2)43.928.038.2Negros Oriental
(3.4)(3.3)18.922.325.6Cebu
(6.0)(3.7) 30.636.640.3Bohol
2009-122006-09201220092006
Increase/Decrease
(percentage points)
Poverty Incidence Among
Families (%)Province
Poverty incidence declined but not significantly
Source: NSCB
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AEC 2015
Under a single market regime where there is free flow
of goods, services and investments, some of the
important issues to deal with are:
• Entry of imported products
• How to make businesses efficient, agile, innovate,
productive
• How to take advantage of a huge market
• How to attract investments
• How to keep our human capital
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Part 2
Potentials for Growth
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Attractive Location for IT-BPM
Unique Investment Destination
Natural, Historical, and Cultural Attractions for Tourism
Potentials for Growth
Attractive Location for Manufacturing
Creative Industries and the Cultural Economy
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Attractive Location for IT-BPM Operations
Tholons Top 100 Outsourcing Destinations
Cebu City – 8th
Bacolod City – 93rd
Iloilo City – 95th
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Shipbuilding Industry Success Story
Tsuneishi Heavy Industries Cebu Inc
• Built 190 ships since it started
• Built 20 ships in 2014
• 13,000 direct employees
• The country now ranked 4th among the world’s
biggest shipbuilding economies next to Korea,
Japan, China
• The company plans to make the Balamban facility
the ‘mother shipyard’ in its South East Asian
operations
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Source: PEZA
Bright Performance of the IT-BPM and Manufacturing
2011 2012 20132014
(1st Semester)
IT Parks/Centers
Investments in PhP Million 9,326 13,150 9,239 -Direct Employment (Average) 36,550 39,297 51,962 65,303Exports (US$) 398,492,693 484,073,887 608,166,996 411,329,765Imports (US$) 10,510,506 9,003,604 17,016,783 6,398,367
Manufacturing Ecozones
Investments in PhP Million 6,341 11,978 15,815 -Direct Employment (Average) 103,593 107,150 116,651 120,989Exports (US$) 3,619,216,106 3,576,083,695 3,551,915,392 1,808,329,926Imports (US$) 3,369,638,701 3,341,730,360 2,960,116,754 1,253,031,122
CV Economic Growth Drivers
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Agriculture, Marine and Fishery Resources
Geothermal and Other Renewable Energy Resources
Minerals, Oil and Gas Deposits
Capable and Skilled Human Resource
Potentials for Growth
Public Private Partnership Program
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Part 2
Challenges to Overcome to Achieve Further Growth
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Favorable Business Climate
Improve Inter-modal Transport Infrastructure
Adequate and Stable Power Supply
Human Resource Development
Challenges to Growth
Sustainable Mineral and Fossil Fuel Resources Development
Revive / Reinvigorate the Agriculture Sector
Succeed in Investment Promotion Initiatives
Succeed in PPP Initiatives
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Improving Connectivity
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Identifying / Promoting New Locations for Productive
Activities
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Thank You