The answer is YES, according to Socioeconomic Planning Secretary and National Economic and Development Authority (NEDA) Romulo L. Neri (third from left), as he presented the 2004-2010 Medium-Term Philippine Development Plan (MTPDP) to the participants to the recently held Philippines Investment Conference, the country’s largest and most prestigious investment summit of 2005, at the Shangri-la Mactan Island Resort in Lapu-Lapu City. Secretary Neri said his optimism on the country’s capability to sustain its strong growth performance is due to the following factors: new growth sectors are emerging, fiscal problem are being addressed, logistics/infrastructure is being improved, governance issues are being addressed, and competitiveness of human capital is being strengthened. With Neri are (from left) Mr. Jaime Augusto Zobel de Ayala II, President and Chief Executive Officer, Ayala Corporation; Mr. Tony Tan Caktiong, Chairman, President and Chief Executive Officer, Jollibee Foods Corporation; Mr. Mark Johnson, Editor, Euromoney Conferences (who also chaired Panel A); Ms. Claire McLetchie, Investment Director, Standard Life Investments; Mr. Chris J. Nelson, Managing Director, Philip Morris; and Mr. Manuel V. Pangilinan, Chairman, PLDT.