Investors eye Bataan town for port projects

BALANGA CITY, Bataan – Numerous foreign and local businessmen  are  scouting for viable sites for the construction of port services  along the coastal villages of Mariveles town, this province.

Mabini Pulido,Jr. ,Assistant Provincial Assessor, has bared the strategic preparation of at least 10 prospective investors to put up oil depots, warehouses, stockpiling of imported materials and other storage facilities in the coastal village of Sisiman, Mariveles town.

He said  a big portion of the  42-kilometer coastline of Mariveles  is  likely to be developed into  industrial sites, ports, recreational, housing facilities and other tourism-oriented projects in a few years as locators  are  cautiously appraising the  underlying economic advantages of the country’s first export processing zone.

Pulido said business optimism rose higher under the present local leadership as more investors have expressed certainty with the mounting   industrial progress in Hermosa, Limay and Mariveles towns.

According to Pulido, the analytic organizational evaluation shows that the higher business trust level is primarily credited to Bataan Governor Albert Raymond  S. Garcia’s  sound economic policy and investment posture which resulted to profitable corporate environment and peaceful atmosphere.

He added the on-going government development scheme that include the upgrading of roads, power  generation and other physical infrastructures, good governance, globally competitive fiscal and non-fiscal tax motivation are positive measures to attract locators in the historic peninsula.