Housing group welcomes appointment of Frederick Go as economic czar

The Subdivision and Housing Developers Association (SHDA) Inc., the leading organization of housing and real estate developers in the Philippines, lauds the appointment of Frederick Go, CEO of Robinsons Land Corp., as head of the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA).

The organization, which has long been partnering with the government in addressing the country’s housing needs and promoting a vibrant housing industry, praised the appointment of Go as head of OSAPIEA, said SHDA Chairman Arlene Keh.

The Housing Industry, aside from a major social intervention, has been an economic pump priming sector with its high impact on employment and valuable multiplier effect on the economy.

“The appointment of Go – with his character, education, experience, and achievements – will indeed bode well with the housing industry key stakeholders, the business community, and the entire economic sector,” Keh said.

For his part, SHDA President Leonardo Dayao, said that the appointment of Go as head of the OSAPIEA and the Economic Development Group (EDG), and his supervisory command of the Department of Finance (DOF), the National Economic Development Authority (NEDA), and the Department of Trade and Industry (DTI), will be highly instrumental in helping and strengthening further the government’s efforts to formulate, advocate, and push for critical policy reforms that will address the challenges raised by the SHDA in housing production and the overall economic concerns that beset the country.

SHDA vice president Joy Manaog added that Go possesses integrity and high moral values.

He is also a hardworking and experienced executive who is aware of the choke points and challenges in the economy. Manaog said, adding that Go would be able to synchronize economic policies and programs, and also facilitate and enhance a stronger partnership between the Government and the Private Sector participants in the overall growth and development of the economy.

SHDA has committed to work with Go and the OSAPIEA toward the resolution of urgent housing and economic concerns, all with the end in view to help the Government in achieving welfare and productivity and overall economic development.

As the largest and leading industry association for housing and urban development in the Philippines, SHDA has 350 members nationwide and eight regional chapters.

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The article was originally published in ABS-CBN and written by Katrina Domingo.