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Thursday, October 19, 2017

$650-M investment pledges await Duterte’s visit to ME

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By Bernie Cahiles-Magkilat

President Rodrigo Duterte’s state visit to the Middle East is expected to yield $650 million with 18 companies signing memorandum of understanding (MOUs) for various investments in agricultural processing, tourism, food, and pharmaceutical projects with potential creation of 21,170 new jobs.

The MOUs will be signed by the Philippine Economic Zone Authority (PEZA) and the 18 Middle Eastern project proponents during the President’s trip on April 10 to 16. The three-leg state visit in the Middle East covers Kingdom of Saudi Arabia, Qatar, and United Arab Emirates.

PEZA Director-General Charito B. Plaza revealed to reporters that Saudi Arabia has the biggest investment pledges with 10 projects worth $465.34 million.

These projects are into the development of agro-industrial economic zone, manufacture of coco peat/coco fiber an, hotels, tourism complex, medical services and a school with potential jobs generation of 15,770.

There will be seven MOUs to be signed in Qatar for projects worth $175 million. These investments will be used for the establishment of retirement village, hotel and tourism ecozone, IT services, halal food processing/agro-industrial, hospitals, medical ecozone, civil defense, IT and Ecozone management service providing employment to 4,400 people.

The lone project from UAE will be engaged in the development of an agro-industrial economic zone with initial investment of $10 million. This project is expected to create 1,000 jobs.

Plaza has kept secret the corporate identities of these project proponents saying Malacañang will announce them during the actual signing of the MOUs.

According to Plaza, the lone company from the UAE would be in need of 500 to 1,000 hectares of land for its proposed agro-industrial economic zone in Palawan, while one firm from Qatar would be needing a two-hectare property for its proposed civil defense/homeland security systems manufacturing ecozone.

A Saudi Arabia company is looking for a 5-hectare property for its coco peat/coco fiber manufacturing in Tupig, South Cotabato.

Plaza said the investments can be 100 percent foreign-owned or in joint venture with a local partner. Some companies have direct involvement with the royalties from the three states.

PEZA has facilitated these new projects during the two exploratory and investment roadshows they conducted on the run up of the President’s visit.

Duterte will be in the Middle East during the Holy Week. He will be in Riyadh on the 11 to 12, in Bahrain on the 13 to 14 and in Qatar on 15 to 16.

“Normally, the first day will be spent for courtesy calls on the kings and the evenings are spent with the Filipino communities,” said Plaza.

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  • NIEL PIANAN

    PLEDGE PA LANG, WALANG KASIGURUHAN….ANG GUSTO KONG SIGURADO AY MAG CRASH ANG EROPLANO, PARA MAMATAY NA ITONG SIRA ULONG PRESIDENTE NA ITO. THE WORST PRESIDENT EVER HAD…

    • japan2

      Hahaha mauna kana bro…ikaw ang sira ulo!!!

      • Man_e

        Kamag-anak ni Mar Roxas yang si Pianan!

        • Rone Pervy

          kapatid ni Delima yang Pianan na yan nasa labas lang ng kulungan

      • NIEL PIANAN

        palagay ko ikaw ang susunod kasama ang 16m voters na tangang bumoto sa sira ulo mong presidente

    • kintupol

      sana huwag mangyari sa pamilya mo yang pinagdadasal mo. limang taon ka pa magngingitngit, hirap nyan, huwag ka sana atakihin sa puso..lol

      • NIEL PIANAN

        OK LANG..BASTA MAMATAY LANG ANG PUTANG INA MONG PRESIDENTE

        • bjorn

          Shabu pa more!

          • NIEL PIANAN

            UGOK..SIRA ULO KA RIN TULAD NG PRESIDENTE MO

          • bjorn

            He.he.he.he….nahihirapan ka na bang maghanap ng shabu? Hayaan mo at kokontakin ko si MARimar dahil kabisado niya kung saan makakabili niyan!

          • NIEL PIANAN

            IDIOT…SIRA ULO GAYA NI DUTERTE

    • pidot

      kapated ni trililng itong c PIANAN!!!

      • NIEL PIANAN

        BAKA IKAY ANG SIRA ULO PANG TAO..KASAMA NG GUNGOGNG MONG PRESIDNETE

        • bjorn

          Sabihin mo lang kung nakulangan ka sa shabu at sasamahan ka ni Roxas kung saan makakabili ng shabu!

          • NIEL PIANAN

            WALA…EH IKAW DAPAT MA TOKHANG..IDIOT

          • bjorn

            Mag-ingat ka lang sa kasa-shabu mo at baka ma-tokhang ha! ha.ha.a.ha.ha…

          • NIEL PIANAN

            AY SIRA ULO TALAGA

          • NIEL PIANAN

            STUPID,,NA UNGOY

          • bjorn
          • NIEL PIANAN

            HAHHAH…SIRA ULO TALAGA…KAMUKHA MO NGA SI GUNGGONG DUTERTE

          • leomar101

            mas kamukha mo ang gorrilang mukha ni aquino. Mayroon palang gorillang abnormal. hahahahah

          • NIEL PIANAN

            IKAW KAMUKHA MO PUET NI DUTERTHE BUANG..TANG INA MO

          • leomar101

            ikaw kamukha mo ang mongoloid aquino na mukhang gorillang boang. hahahaha

          • NIEL PIANAN

            ANG GORILLANG HUKLUBAN NA MANYAKIS..KILALA MO..GUNGONG DUTERTE YUN NA GAYA MO…TANG INA MO

          • leomar101

            tnagina mo rin hahahahahahaha ang mukha ni mongolois aquino ay mukhang gorilla na abnormal. bwahahahahaha Kung gusto mong makakita ng gorillang abnormal tingnan mo lang ang mongoloid na mukha ng iyong idol na si animal aquino. hahahahahhaha.

    • leomar101

      aba ay kulang na lang na ikaw ang mag bigti dahil pait ang naramdaman mong pagka talo. hahahahahha. The best President we ever have. And the animal aquino was the worst president the country had fro bringing down the country with him in the last 6 years. He destroyed the country with shabu, smuggling, and criminality worst than any earthquake.

      • NIEL PIANAN

        UROR…KASAMA KA SA 16M TANGA AG BOBO..KASAMA KA SANA MAMATAY NG MATANDANG YAN

        • leomar101

          mas uror ka at hanggang ngayon ay nag shashabu pa rin hahahaha. Maunang mamatay ang animal na aquinopna yan dahil sa Tofranil at shabu. hahahahaa

          • NIEL PIANAN

            URUR…SIRA ULO GAYA NI DUTERTE..TANG INA MO

          • leomar101

            ikaw may topak kagaya ng boang na aquino na mongoloid. hahahaha

          • NIEL PIANAN

            IKAW ANG MAY TOPAK GAYA NG SIRA ULO MONG DUTERTE TANG INA MO

          • leomar101

            tan ina mo rin na boang kagaya ng mga aquino.

          • NIEL PIANAN

            PUTANG INA MO RIN GAYA NI MARCOS AT SIRA ULONG DUTERTE

          • leomar101

            kawatan ka rin katuladngmga aquino at hindi langkawatan lang grabber pa rin hanggang ngayon. hahahahaha

          • NIEL PIANAN

            TANG INA MO RIN GAYA NI MARCOS AT DUTERTE

          • leomar101

            tangina mo rin katulad ng gorillang abnormal na si animal aquino. har har har

      • Bien

        bro..never ever talk/argued with unopen minded person..its a waste of time..they are not accept mistakes..they are not accept the truth..

        • leomar101

          ginagko ka lang sila Pre. Lahat ng mga sagot ko sa ganitong klaeng animals ay ontheir level. haahahaha so enjoy and watch it. hahahahaha

          • concerncitizen

            hahha… parang si trillanes lang… tahol lang ng tahol ang buang…

      • NIEL PIANAN

        THE WORST PRESIDENT;;WORST THAN MARCOS….STUPID..TANGA..BOBO..GAGO..PTI

        • leomar101

          the 2 aquinos were the worst presidentin history. Doon nagkawatakwatak at nasira ang bansa. hahahaha Nalinis nila ang kaban ng gobyerno under cory na walang audit sa mga kayamanan ng bayan na ninakaw sinla at isinisi kay Marcos. hahaha Diamonds and other multi million dollars na iniwan ni imelda ay nasa kay cory lahat. hahahahah. Walang imbentaryo din yon. Mga yaman ng public corparations ay nilimas ngmga kamag anak ni cory, walang imbentaryo rin. under the animal son benigno. Hindi lang kaban ngbayan ang nilimas ay nag negosyo pa siya ng drugs. All drug business was underhis protection kay lumago ang droga under him. May mga big factory ng shabu sa Luzon, may floating shabu lab, may malaking shabu factory in Bicol hati sila nileni doo. Jueteng, smuggling ay allowed lahat ng animal na yon. hahahahha May DAP, PDAP pa siya. Name it involved lahat ang animal na aquino na yon. har har har.

          • NIEL PIANAN

            OH REALLY..HOW ABOUT MARCOSES..WHO PLUNDERED FIRST THE ECONOMY..6 YEARS LANG MGA AQUINO HINDI PA SUNOD SUNOD…SA 6 YEARS NI PANOT UMANGAT ANG ECONOMY..EH NGAYON SADSAD DAHIL SA SIRA ULO MONG PRESIDENTE,,TANG INA MO..MAG SAMA KAYO NG GAGO MONG PRESIDENTE

          • concerncitizen

            so mas madami na kurakot ni marcos kaysa kay aquino?

          • NIEL PIANAN

            HALA…DI MO ALAM…20 PLUNDERING YEARS NAGHARI ANG POON MONG MARCOS..SA KANIYA NAGSIMULA ANG CORRUPTION…KUNG DI SIYA NAGING PRESIDENT EH SANA KATULAD MAN LANG TAYO NG THAILAND….BATA KA PA YATA KAYA HINDI MO ALAM PINGAGGAWA NG DEMONYONG MARCOS AT NGAYON GINAGAYA NG DEMONYONG DUTERTE

          • concerncitizen

            ok ok… sinabi mo kanina 20 plus years nakurakot ni marcos… so si aquino ilang taong cya kumurakot?

          • NIEL PIANAN

            YAN BA ANG IMPRESSION MO NA LAHAT NG PRESIDENT NANGURAKOT…SINO BA ANG HINDI..SA PALAGAY MO ITONG SIRA ULONG DUTERTE HINDI..SA DAVAO PA LANGPURO KURAKOT NA YAN…ANG MALACANG BUDGET INCREASED FROM 2B TO 18B ALAM BAKIT..ANG MALACANANG ANG HAHAWAK NG EVENT NG MEETING NG ASEAN…GRABE…AT LEAST SA PANHON NI PANOT AQUINO LUMAGO ANG ECONOMY..EH NGAYON SADSAD DAHIL SA SIRA ULO MONG PRESIDENTE

          • concerncitizen

            kaya nga nagtatanong nga ako sa iyo…kasi expert ka sa ganyan… so ilang taon nangurakot si aquino?

          • NIEL PIANAN

            GO HOME AND ASK YOU IDIOT PRESIDENT. ASSHOLE

          • concerncitizen

            aw… di ko kasama si mokong eh… kayo ni aquino magakasama kayo kwarto?

          • NIEL PIANAN

            ILANG TAON KA NABA AT PARANG WALA KANG MALAY SA PINAGGAWA NG DEMONYONG MARCOS…SIGURO YOU ARE BORN WHEN MARCOS IS NOT INPOWER ANYMORE

          • leomar101

            mas kawatana ngmga aquino kaya sama ka sa kanila mga land grabber pa. hahahahaha torpe.

          • NIEL PIANAN

            IKAW KAWATAN TANGINA MO KA

          • leomar101

            ikaw rin kawatan kagaya ng mga aquino. kaya gusato mong maibalik sakapangyarihan angmga LP para magnakaw ulit kayo. hahahaha

          • NIEL PIANAN

            ULOL..PUTANG INA MO

          • leomar101

            putangina mo rin. hahahahah mukhang gorilla na abnormal si animal aquino at sampo ngkanyangmga tagasunod. hahahahha

        • MaMu

          MALAKI NEGOSYONG DROGA NITONG PUTANGINA..

      • NIEL PIANAN

        stupid…the worst president ang sabihin mo..tanga

        • leomar101

          Sa mga aso, mga dilawan , damasos, LP ay worst si duterte dahil na udlot ang kanilang kasakiman. hahahaha. good for 6 lang pala sila eh. har ha rhar

          • NIEL PIANAN

            SA MGA PULA GAYA MO NA LAHI NG MGA DEMONYO…WALA BULAG NA TALAGA KAYO MGA SIRA ULO

          • leomar101

            kayo ang may lahing boang. heheheheh tamo mga aquino dalawa ngang abnormal eh. kaya ganoon rin angmga aso niya. hahahaha

          • NIEL PIANAN

            KAW LAHING BUANG GAYA NI DUTERTE TANG INA MO

          • leomar101

            iakw rin katulad ngmga pamilyang abnormal na mga aquino.

    • ramon

      marunong talaga mga bayaran n troll ni trillones..alam kung saan titira s mga comments s Presidente para magkapera…
      mauubos din budget s inyo ni trilliones tinakbo n ni lascanas ung iba s ibang bansa..

    • bjorn

      Shabu pa more mga trolls ng Yellow!!

      • NIEL PIANAN

        UGOK

        • bjorn

          Sige pa…..mag-shabu ka pa! ha.ha.ha.ha.ha….

          • NIEL PIANAN

            AY BAKLA NA RIN ITO GAYA NI SIRA ULONG DUTERTE

      • NIEL PIANAN

        STUPID

    • MaMu

      TANGINA …

  • Art Ahdp

    good job Mr. President