Chapter III.pdf - NEDA-RDC VI

4. Low Investment Level
Another factor contributing to the job generation problem
is the low investment level in the productive sectors. The
increasing prices of oil in the world market, the continuous
decline of the peso to the dollar, the uncertain political
conditions, and others, have adversely affected and reduced
the level of investments.
Data on investments from the Business Name Registration
(BNR), showed that there was a decreasing trend in the level of
investments from PhP7.2 billion in 2001, PhP6.4 billion in 2002
and only PhP4.9 billion in 2003. The combined BNR investments
from 2001-2003 amounted to only PhP18.6 billion compared to
PhP22.27 billion in 1998-2000. These data however, do not
reflect the true investment profile of the region because
household investments or numerous investments in small
businesses are not captured since these are not registered. The
number of firms registered however, increased from 6,582 in
2001, 6,777 in 2002 and 8,097 in 2003.
Investments through the Securities and Exchange
Commission (SEC) decreased by 8.4 percent, from PhP140
million in 2001 to PhP123 million in 2002. However, in 2003, an
increase of 84 percent or PhP236.5 million was realized.
Private construction on the other hand, slightly increased
over the three-year period
Investments
(P M)
Table 3
Private Investments
Region VI, 2001-2003
CY
2001
CY
2002
CY
2003
Percent
Change
2001-2002
Percent
Change
2002-2003
Business Name
Registration
7,213.0 6,446.5 4,977.7 (10.6) (23.8)
Firms registered 6,582 6,777 8,097 3.0 19.5
SEC Registration
(paid up)
140.1 128.3 236.5 (8.4) 84.3
Private Construction
(value)
2,152 P 2,639 2,744 22.6 5.1
Source: Department of Trade and Industry, Region VI and National Statistics Office,
Region VI