EMPLOYMENT PARTICIPATION
Employment participation is projected to grow at 3.11 percent annually for the next five years. There is, however, a growing interest in entrepreneurship as indicated by an increasing number of small and medium sized businesses engaged in a variety of activities.
INDUSTRY ASSOCIATIONS
Many industry associations actively encourage the growth of Metro Naga-based enterprises through capacity building, networking and financing. These include the Producers and Manufacturers Association, the Women Entrepreneurs for Development and Advancement Association, the Metro Naga Chamber of Commerce and Industry and the Filipino-Chinese Chamber of Commerce and Industry. National government agencies, non-government organizations and international funding agencies are equally supportive.
SUPPORT FACILITIES
The business environment is enhanced by a highly developed financial and business services sector and the presence of modern telecommunications facilities.
INVESTOR-FRIENDLY GOVERNMENTS
Government at all levels prides itself on transparent legislative processes and quick responses to business inquiries. Furthermore, it views the private sector as the ‘engine to growth’ and actively encourages participation from all members of the community to ensure sustained development.
Innovative by nature, Metro Nagueños, across the spectrum, can be relied upon in their quest to strive for excellence and the highly productive workforce can really make an investor feel he is in good hands. |