Investors’ confidence on RP is at ‘all-time high’

**VtEC** · June 22nd, 2007 05:26 AM

http://www.mb.com.ph/BSNS2007062296326.html
GMA cited the recent decision of several big companies to invest in the country. She announced that the TexasIinstruments will invest $ 1 billion to build a chip plant in the country. Toyota is also building its transmission plant in the country while Hanjin is building a $ 1 billion shipyard, its fourth biggest in the world.
Marubeni together with Tokyo Electric is also investing $ 4 billion in the Philippine power sector, said President Arroyo.

Wow, keep going folks.

**Stoner** · June 22nd, 2007 11:54 AM

The Philippines, as a country, has a lot of potential in the first place, so I'm not really surprised of the news. Let's just hope destructive politics doesn't rear it's ugly head (with regards to GMA, I couldn't care less)...

**Horsepower** · June 22nd, 2007 11:57 AM

I don't know why they did, but they just recycled old news.

Those investment news were delivered a few months ago already. Hanjin shipyard, last year.

**LexTer** · June 23rd, 2007 08:20 PM

galing! i think this is true. i receive calls from my friends in europe that there are lots of europeans coming here starting september to invest. i'll meet them at cebu. i guess i have to stay there for 4 months

. busy days are coming. waaaa

**rdecruze** · June 29th, 2007 01:08 AM

Originally Posted by Horsepower

I don't know why they did, but they just recycled old news.

Those investment news were delivered a few months ago already. Hanjin shipyard, last year.

There's nothing wrong with Project Overview! The title says "Investors confidence on RP", okay the latest good news is MRT 7 $1.3 Billion groundbreaking by end of this year and construction to start middle of next year.

Cheers mate!