Thursday, December 21, 2017

THE LOW FDIs in THE PHILIPPINES



This is to express opinion on the article of the inquirer which shows the negativity of the investments and business atmospheres in the Philippines that our policies, regulations, are found contrary to the development  of the business sector and deprives growth for the economy of the country.

There are a number of complaints of investors regarding our bureaucracy and policies that these things should be addressed in a manner that it should favorable and not opposed to our current stance but be remedial to change the perceptions of investors considering the country.

It is shown that Foreign investors are shunned by the prohibition of land ownership in the Philippines through the constitution, and this makes one of the biggest reason of impediment that makes the Philippines short of investors. 

One of the hardest reason about the issue of foreign land ownership in the country is based on history.  Under our colonial eras, where we have subjugated to diminution of our rights, and those long years of struggle and sad experiences are things that leads us to this issue that foreign land ownership is far to be a reality in the Philippines. 

There were comments that land ownership in the country should be encouraged by the government, or be addressed for amendment in congress, but they cannot be settled by by the reason of history. The possibility is hard and difficult to overcome, and refocusing our energies in FDIs in other attractive means unique with other countries that will offset land ownership controversy.

On the other hand, we can circumvent the situation by introducing means that will offset the problems of FDIs. Incentives, tax holidays, preferences, were things initiated but something more in our force must be taken to make the program more relevant and attractive. We should also built logistic infrastructures that would entice and reconsider investments, and these highways, ports, airports, electrification, and communications shall 
be strong enough that the standards are available.

The other means to resolve the problem of FDIs can be addressed on the matter of Moratorium of the law for some lock in period, says 50 years, and on, to recur the land back to lease. 

Regard to as a mean suggestion, we can use the methods to allay the fears of foreign investors and lend them security over there investments through that land ownership that may resolve something about the situation.

Why FDIs are low in the Philippines




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