BALANGA CITY, Bataan- Metro Manila and Central Luzon based real estate developers and property leasing corporate groups are exploring the rich housing business and investment potentials of this historic peninsula.
Board Member Rolando Z. Tigas, Sangguniang Panlalawigan (SP) chair of Committees on Infrastructure, Housing and Land Utilization sees the active participation of outstanding land developers to build housing facilities in 45 strategic areas in the province with the growing expansion of manufacturing firms and commercial establishments near the province’s special economic zones and identified industrial growth expanse in Southern Bataan .
BM Tigas is confident that the opening of the 45 housing subdivisions and retirement villages reflects the bright prospect in the lucrative housing industry which is geared toward the unprecedented economic improvement in the local scenario as of one the Central Luzon leading eco-industrial destinations.
The highly-meaningful, idealistic and productive perception of Bataan Governor Albert Raymond S. Garcia of transforming the former agricultural province is an energetic path for Bataan to reach the epitome of prosperity, Tigas said.
A former two-termer municipal mayor of the fast emerging industrial town in Northern Bataan and a prominent building contractor in Central Luzon, Tigas is amazed with the latest shelter development status with the proliferation of socialized housing and middle-class communities in the periphery of Bataan progressive economic zones and industrial growth areas.
The construction of a number of subdivisions in the province would address the scarcity in housing accommodations for the expected influx of highly and semi-skilled workers from other provinces seeking employment in the industrial and commercial establishments.
He described the recent Bataan viable housing development trend provides a cohesive sustainable improvement in the implementation of strategy focusing on investment protecting environment and in developing opportunities that would benefit the residents ..
The booming job prospects in industrial plants at Freeport Area of Bataan in Mariveles, expanding industrial estate in Limay town and Hermosa Economic Zone are basically portray the huge investment opportunities awaiting the entry of housing and commercial locators in Bataan.
He added more local and foreign tourists would visit some historical and cultural sites , agri-forest and the world-class beach resorts with the opening of retirement villages ,hotels and other vacation spots in the two coastal towns in the province.
Tigas has stressed that the opening of Mariveles-Bagac coastal road would further enhance travel and tourism industry that would encourage locators to put up hotels, retirement villages and high-end housing facilities since it would attract visitors and locators from Clark Ecozone, Subic Bay Metropolitan Authority (SBMA) and FAB to see the exciting natural panoramic views and world –class beach resorts of Morong and Bagac towns, the two premier tourist destinations in Central Luzon.