Soon after arriving at NAIA, PNoy proudly declared that he had secured some US$2.3-billion worth of investments in the sectors of manufacturing, energy, the IT-BPM sector, infrastructure and transport, which would supposedly create 33,850 jobs in the country. Of the $2.38 billion, some $900 million have already been committed, while $1.47 billion are prospective, he added. In other words, all that PNoy took home from Europe are pledges or the promise of a few European companies to invest in the country, most of which do not actually materialize. And aside from Malacañang’s media statement that PNoy would be bringing with him some good news upon his return to Manila, no Palace official could say the amount of investments he was able to secure from his US trip, if there was any. That’s because the good news was really about PNoy being able to buy and bring home some of his most desired gun accessories, which he couldn’t find in Manila like optics (i.e. gun scopes), a range bag, an eye and ear protection and a safe. Now, that’s real success!
Posted on: Tue, 30 Sep 2014 07:27:18 +0000
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