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Old Posted Dec 26, 2012, 8:38 PM
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Bizmen: 2013 a promising year
By Jovi T. De Leon
Wednesday, December 26, 2012

CITY OF SAN FERNANDO -- Pampanga Chamber of Commerce and Industry, Inc. (PamCham) officials recently expressed optimism that 2013 will be a promising year given the positive parameters in the local economic landscape.

“2013, on my viewpoint, will be a promising year. Growth will continue as we bank on the increasing mobile economy brought about by our overseas Filipino Workers, business process outsourcing and potential sectors like aviation in the Clark Freeport,” said Levy Laus of PamCham chairman.

Laus noted that remittances of OFWs are already running at US$23 billion to about US$24 billion. “We are already No. 3 in terms of inward remittances, next to India and China. Next year, this sector will certainly perk up the local economy,” he said.

He added that aviation will pump in more investments to the province and spur progress.

“Aviation is fast becoming in demand. Currently, as a licensed pilot myself, we have come to know that there is a need for at least one million pilots in the next 4 to 5 years. Then Clark Airport as a premier airport in the country--connected by a fast speed rail system--is already being worked out by the current administration. We continue to have faith because it is just a matter of time. Big businesses and investments are coming into Pampanga. Another factor is that the Governor [Lilia Pineda] is well loved by the people including the business sector she is working well with due to the fact that she is supportive and responsive to our needs,” Laus said.

PamCham’s Rene Romero, meanwhile, said that the influx of money into circulation since October is also seen to boost the local economy.

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