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Bacolod City, Philippines Tuesday, January 9, 2007
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FROM JAN.-NOV. '06
Manufacturing hits P3.4B

The manufacturing sector of Negros Occidental, including Bacolod City, posted the highest local investments in the first 11 months of 2006.

Data from the local office of the Department of Trade and Industry indicate that the sector had P3.239 billion in total investments generated from business name registrations.

Under manufacturing are enterprises topped by processed food and beverage which logged P3.207 billion from January to November in 2006. Others are furniture P5.607 million; metalworks, P2.433 million; crop processing, P1.915 million; gifts, toys and housewares, P9.592 million; concrete products, P719,000; other businesses, P6.195 million; garments, P350,543; and chemicals and related products, P3.688 million.

In January 2006, investments in manufacturing reached P73.729 million; February, P3.1 billion; March, P2.665 million; April, P606,200; May, P3.446 million; June, P6.371 million; July, P3.072 million; August, P9.164 milion; September, P8.946; October, P24.118 million; and November, P6.109 million.

Manufacturing is part of the industry sector which also includes mining and quarrying, P2.9 million, and construction, P22.544 million.*NLG

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