Bataan peninsula is industrial investment hub


BALANGA CITY, Bataan – A well-respected real estate broker and licensed appraiser is highly optimistic of the positive outcome of the long-range expansion plan of Bataan Governor Albert Raymond S. Garcia of creating a resolute urban planning and development model in the periphery of the country’s first export processing zone in Mariveles town and in the identified industrial estates of Limay town which are considered the two foremost industrial investment hubs in Central Luzon.
The government plans and programs of instituting the best multi-sectoral approaches on industrial and housing views have safeguarded sustainable growth preferably with anticipated influx of highly-skilled factory workers in the designated economic zones and growth areas in Northern town of Hermosa and Balanga City.
Luis G,Gonzales, a former Mariveles municipal administrator and consultant of the Provincial Legal Office during the incumbency of the late Bataan Governor Enrique T. Garcia, Jr, said local and foreign investors have purposely weighing the extremely competitive financial structure of fiscal and non-fiscal incentives, reliable public works infrastructure and power facilities, availability of professional and technical workforce, and other strategic advantages of the historic peninsula.
Gonzales has noticed the dynamic exploration of the well-developed plan of the youthful governor has concretized the measure of justifiable economic prosperity and toward the achievement of the socio-economic objectives.
He explained while the local government is providing highest priority on education ,employment generation ,development of prospective tourist spots and historical landmarks and encouraging fresh investments , it has focused on a marvelous foresight like extensive training programs for the youth on computer literacy and information technology for them to qualify in business process outsourcing industry ,housing and commercial property leasing programs.
Gonzales has mentioned one significant aspects of good investment outlook of Mariveles town that it is located near the mouth of Manila Bay, leading to the country’s government and financial center of Metro Manila.
Citing latest development , the projected plan of the country’s largest food conglomerate to establish a 500 hectare special economic zone in the coastal villages of Mariveles and Bagac towns facing the panoramic West Philippine Sea.
He said the project includes the construction of a multi-billion peso coal powered plant, the second San Miguel Corporation coal-fired generating firm after the newly-operational facility in Barangay Lamao, Limay town.

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