Solid economic development structures, outcome of Bataan growth

BALANGA CITY, Bataan – The significant progress of the historical peninsula is the strategic outcome of solid economic development frameworks and its natural geographical advantage situated at the gateway of the country’s government, business and trade centers.

Nelson P. Alarcon, a former Philippine Information Agency (PIA) assistant information center manager in Bataan and now an Australian resident, has expressed his enthusiasm of the industrial and commercial growth of Bataan as envisioned by the father of the country’s petrochemical industry the late 2^nd District Representative and Governor Enrique T. Garcia, Jr.

He stressed the respected late Governor Garcia, a former government tax consultant and foremost economic expert, had formulated the long-range outstanding socio-economic blueprint which is the offshoot of high investment portfolio that is indicative of Bataan’s favorable economic agenda with the existing seven progressive economic and industrial zones.

The successful cohesive development plans and implementation of meaningful reforms, Alarcon has analyzed as two of the principal reasons why the province’s economic outlook remains promising amidst strong competition from nearby ecozones and freeports in Central Luzon.

He pointed out the long stretch of coastlines in the three southern Bataan towns of Orion, Limay and Mariveles as big potentials for the construction of port terminals which can serve different objectives from transshipment of containerized and break bulk cargoes, fuels and lubricants, grains and fertilizer as well as service vessels and passengers.

Alarcon identified contributory actors to Bataan growth are higher government investments in infrastructure, human development index, generally peaceful and orderly environment, economic reforms on fiscal and non-fiscal incentives, availability of highly-skilled and professional workers, sufficient power, communication and other facilities for the smooth and productive operations of industrial firms.