Sun, 28 Feb 2021

Makati's economic revival will contribute much to PH economy - Galvez

Philippine Information Agency
28 Jan 2021, 14:38 GMT+10

CALOOCAN CITY, Jan. 28 (PIA) -- National Policy Against COVID-19 chief implementer and Vaccine Czar Secretary Carlito Galvez Jr. on Wednesday said an ever more vibrant Makati City business district would further boost the competitiveness of the Metro Manila, and in turn, the Philippines amid the global health pandemic.

During the visit of the COVID-19 Coordinated Operations to Defeat Epidemic or CODE Team, led by the National Task Force (NTF) and the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) in Makati, Galvez cited the need for the city to revive its economy as it is the commercial center hub in Metro Manila.

"As a business center hub its local economic revival amid the pandemic will contribute much to the country's economy," Galvez said.

To recall, Makati's central business district-a premier financial hub whose modern office skyscrapers and towering landmarks-have long been home to many of the country's biggest businesses and renowned multinational companies.

Galvez said the Makati City Government has exhibited an eagerness to immediately bounce back from the negative effects of the COVID-19 pandemic.

"Makati City was among the first LGUs, which expressed their intention to enter into a tripartite agreement with the national government and vaccine manufacturers to secure vaccines for their constituents," he said.

Through the tripartite agreement with the national government and pharmaceutical firm AstraZeneca, the city government has secured one million doses of COVID-19 vaccines for its residents and partners in the business sector.

The city government has also allocated P1 billion as augmentation in the procurement of the coronavirus vaccines.

"The tripartite agreement is a testament that our whole-of-government, whole-of-society approach in fighting this pandemic is working and bearing positive results," Galvez said. (PIA NCR)

More Southeast Asia News

Access More

Sign up for Southeast Asia News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!