Like other developing provinces in the country, Palawan is getting its fair share getting over over a billion pesos of investments in 2012, according to the Department of Trade and Industry (DTI).
Emma Quillope, Senior Trade and Industry Development Specialist of DTI-Palawan, said these billion-peso investments also created 8,443 jobs.
She said these 4,225 new businesses in trading, manufacturing, agriculture, and other services, account to 60% of total new business registrations in the MIMAROPA (Mindoro/Marinduque/Romblon/Palawan) region.
This year, DTI-Palawan expects more investments to come in, particularly in the municipalities where new tourism sites have been flourishing. These areas include the towns of El Nido, Coron, San Vicente, Taytay in the north; and Narra, Quezon, and Brooke's Point in the south.