Bataan governor eyes NEDA expertise to measure local economic performance

Written by
  • Raffy C. V.
  • 9 years ago

BALANGA CITY- Bataan Governor Albert Raymond S. Garcia is eyeing the expertise of the (NEDA) to undertake   an in –depth and efficient appraisal performance analysis  of the local government units to find out exactly  the socio-economic impact of their development programs in the countryside.

He stressed the NEDA should conduct a positive assessment of the local government agencies instead of concentrating on the regional stage  as part of the performance measurement study of their capability of pursuing good governance, socio-economic and investments levels .

The young provincial executive is comparing the economic development of a tiny state of Singapore to Bataan, a fast emerging investment hub in Central Luzon .

Local and foreign investors have described the Bataan peninsula as a potential economic growth center in the country with its rapidly growing industrial, manufacturing, commercial  and consumer service sector .

Garcia, the first  Balanga city mayor and three-term congressman of the Province’s second district, said  that he has sought the assistance of the NEDA to carry-out prudently an economic  analysis of the provincial government and municipal executives  of which the result  becomes  a scholarly manifestation of an effective  local manager  on the right tract of achieving its goal of socio-economic progress.

Garcia pointed out NEDA has adequate economists and survey experts  to ascertain the actual performance of local executives based on its respective development plans  and growth rate .

He said the NEDA   economic survey output of local executives  may greatly improve investment posture  scheme which eventually encourage more investors to come in and participate in local public and private partnership projects.

 Asian  and American investors have signified their intentions to put up industrial and manufacturing  firms with the operation of a coal-fired power plant in Mariveles town  and the construction of a multi-billion peso power plant in Limay town  which reportedly will ensure uninterrupted power  supply to the Province`s five economic zones.

Garcia cited the  economic gains  of the Province with  the status of the Freeport Area of Bataan (FAB) in Mariveles  town which is now considered as the fastest growing economic zone in the country. The industrial development in Limay and other processing zones in Hermosa and Morong towns, in the totality may surpass the annual national economic growth rate of 7.2 percent.

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