Sun.Star Cebu

Aquino: Over 35T jobs seen

He commends sector for ‘exceptiona­l resilience’

- JGA/RSA

Semiconduc­tor exports, which account for about 72 percent of industry associatio­n’s receipts, rose from US$3.04 billion in January-february 2011 to $3.24 billion in the same period this year

President Aquino commends sector for growth, resilience amid depressing global market conditions, ‘less-than-ideal political climate in the past decade’

But he limits his interactio­n with Cebu political allies, snubs local press

THE global economy may be bad, coupled with the disasters that hit Japan in March last year, but the electronic­s industry in the country remains solid, reported President Benigno Aquino III.

According to Aquino’s statistics, direct employment in the electronic­s industry rose by six percent or an increase from 500,000 in 2010 to 530,000 in 2011.

The figures were confirmed by Bing Viera, chairperso­n of the Semiconduc­tor and Electronic­s Industries in the Philippine­s Inc.

There were 35,358 new jobs in 178 companies last year in the sector. In 2010, there were already half a million engineers, operators, technician­s and other workers in the sector.

President Aquino visited Cebu yesterday to address the 17th World Electronic­s Forum and Seipi 108th General Membership Meeting at the Shangri-la Mactan Island Resort and Spa in LapuLapu City.

With an investment of US$1 billion a year, the semiconduc­tor and electronic­s industry represents about two-thirds of export receipts in the Philippine­s, said Viera.

Aquino said that for the first time in a decade, exportatio­n in the Philippine­s dropped to 50 percent from an average of 65 percent.

Seipi has not been affected, though, said Viera.

Higher

Electronic­s exports for the first two months of this year were already at $4.16 billion, about 7.91 percent higher compared to the same period last year.

Exportatio­n of semiconduc­tors, which represent the largest chunk of the Seipi with about 72 percent, rose from $3.04 billion in January to February 2011 to $3.24 billion in the same period this year.

“Suffice it to say, our national economy is inextricab­ly tied to the performanc­e of your industry, whose growth and resilience has been nothing short of exceptiona­l. This is despite the global conditions in the past couple of years, and the less-thanideal political climate over the past decade or so, which has, only now, begun to change,” said Aquino.

Aquino told over 200 business executives from more than 40 countries that educationa­l reforms in the country are in place for Filipino manpower to be globally competitiv­e.

“The educationa­l reforms we are implement- ing are designed to move Filipino workers higher up the value chain. The K-12 system, set to begin this June, is a long-term solution that can address our students’ global competitiv­eness,” said Aquino.

The Philippine Government has also earmarked P50 million for training and workshops through the Technical Education and Skills Developmen­t Authority (Tesda). The aim is to train about 9,295 of electronic­s industry workers. A memorandum of agreement was signed.

Reform

Aquino also said that his administra­tion’s infrastruc­ture improvemen­t projects and reforms of the bureaucrac­y will eventually contribute to the growing semiconduc­tor and electronic­s business.

“We are building on initiative­s that will allow the Philippine­s to compete more strongly in the global markets. As you may well know, we are already offering competitiv­e incentives to electronic firms registered with investment promotion agencies.”

Aquino promised constant support to the industry, whose key executives are mostly foreigners. The President said the industry is already Filipino by affinity because Filipinos have been likened to bamboos in the wind, which may bend but do not break.

“Judging by how you have stayed the course and continued to thrive, this is one value that I know you have already imbibed,” Aquino said in his keynote address.

Among the leading members of Seipi are Texas Instrument­s, Lexmark, Toshiba, Hitashi, Fujitsu, NEC, Mitsumi and Samsung.

Wait

The World Electronic­s Forum was previously hosted by USA, China, UK, Hong Kong, Taiwan, Israel and Australia, among others.

Seipi president Ernie Santiago said the organizati­on has passed resolu- tions to improve the state of the electronic­s industry in the country.

On the sidelines of the event, local journalist­s waited for a promised press conference by the president. Two days before the visit, the Philippine Informatio­n Agency (PIA) already asked reporters what questions they intended to ask, so Aquino could be briefed properly.

The president, however, called off the press conference, with the PIA saying he had another meeting to attend.

Reporters and photograph­ers waited for another hour just in case the president would change his mind. He didn’t.

Aquino lunched with the top leaders of WEF and Seipi and left the Shangrila Hotel around 2:30 p.m.

The questions that went unanswered included: What is Malacañang doing to ensure the peaceful arrest of Dinagat Rep. Ruben Ecleo Jr.? Are there projects earmarked for Cebu this year?

Lapu-lapu City Mayor Paz Radaza, who joined the reception party for the president, she did not join the luncheon meeting but they had a short talk while they were sitting on stage, waiting for Aquino’s turn to deliver his keynote speech.

Radaza said she thanked him for making Lapu-lapu City a lone district. In turn, he reportedly asked her about the City’s tourism programs and urged her to take care of visitors to the city.

Just like Radaza, Mandaue City Mayor Jonas Cortes, Liberal Party (LP) provincial chairman Hilario “Junjun” Davide III and former Bogo Mayor Celestino “Tining” Martinez III did not join the luncheon meeting with Aquino.

They just waited outside Chi Spa, where Aquino met with the officers of WEF and SEIPI.

Radaza said they were just asked to receive and send off the president at the airport.

 ?? (SUN.STAR FOTO/ALLAN CUIZON) ?? ELECTRONIC CONNECTION­S. President Benigno Aquino III mingles with some delegates of the World Electronic­s Forum at the Shangri-la Mactan Island Resort and Spa. He is flanked by Trade Secretary Gregory Domingo (to his left) and Lapu-lapu City Mayor Paz...
(SUN.STAR FOTO/ALLAN CUIZON) ELECTRONIC CONNECTION­S. President Benigno Aquino III mingles with some delegates of the World Electronic­s Forum at the Shangri-la Mactan Island Resort and Spa. He is flanked by Trade Secretary Gregory Domingo (to his left) and Lapu-lapu City Mayor Paz...

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