Arroyo vows more investments to boost Philippines’s global competitiveness

JAGNA, Bohol, Philippines — President Gloria Macapagal-Arroyo vowed today that her administration would increase its investments in human and physical infrastructure in a move to sustain the country�s economic gains and further boost its global competitiveness.

In her brief message after she inaugurated the P 60.4-million Jagna Port Expansion Project and the P1.8-billion Bohol Circumferential Road Improvement Project (BCRIP) Phase 2, the President said the government could now invest more on infrastructure projects with the availability of new revenues as a result of the tough economic and fiscal reforms she implemented.
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