Saturday, 20 November 2010

Aquino vows support for Arroyo measure

Manila Bulletin

MANILA, Philippines — Determined to make the business climate in the country more attractive to investors, President Benigno S. Aquino III said he will support improvements on the Build-Operate-Transfer (BOT) Law even if the proponent is his political foe, former President and now Pampanga Rep. Gloria Macapagal Arroyo.

Rep. Arroyo reportedly said she is eyeing improvements on Republic Act 7718 or the BOT Law, which she authored as a senator, to help hasten the entry of private investments into the country.

“I will have to read her bill first. It might already be good enough but we might also have some ideas which can be included in the bill,” Aquino said, speaking in Filipino.

“It's not important who is the proponent of the bill. If it's good for the country, I will support it,” President Aquino said.

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