INCREASING investments for public infrastructure can stem the exodus of Filipino workers, Ferdinand “Bongbong” Marcos Jr. said as he urged government to focus on providing employment opportunities by stimulating the economy.
He called on government to pour more funds for public investments and fine-tune policies conducive to the growth of private businesses.
“I believe these are the things that would help us grow our economy and generate more jobs so that we need not export 5,000 Filipinos daily,” he said at a forum held at the Rizal Triangle in Olongapo City before the Holy Week break.
Marcos said the top priority of the government should be to craft a massive infrastructure development plan to provide the necessary infrastructure for private businesses to flourish.
The Ilocos Norte lawmaker said the government should consult the private sector in the crafting of infrastructure development plan.
“We must strengthen the partnership between the government and the private sector,” he noted.
Marcos, who is eyeing the Labor portfolio if he wins the vice presidential race in May, said the government’s infrastructure program should include not only building roads and bridges but also power generation and communication to improve Internet connectivity.
“We used to think of the Internet as something for fun only. Not anymore. More business now is conducted online than actual face-to-face transactions. That is why it is crucial for us to improve our Internet connectivity,” he stressed.
He added that government should fine-tune policies to provide better support for micro, small, and medium scale enterprises in terms of available credit facilities and appropriate training, as they provide around 60 percent of employment opportunities.
Providing adequate, reliable and cheap electricity alone will also encourage foreign-direct investments which would generate more jobs, the senator said.
But Marcos said the government should also adopt a more stable fiscal and monetary policy and ease bureaucratic procedures to make it easier for foreign and local companies to establish business in the country.
He enjoined the government and the private sector to join hands to ensure that the training courses in schools and vocational training centers will match the jobs that the private sector needs.