Investors eye food and consumer retailing trade in Bataan

BALANGA CITY, Bataan – Prospective investors have been consciously analyzing the evidently flourishing food industry projected to strengthen further the operation of micro, small and medium-sized enterprises in the province.

Joselito Evangelista, Balanga City treasurer, observed the unexpected upsurge in the number of food kiosks and fast food businesses in the component city and adjacent towns of Abucay and Pilar which is highly favorable to the locality with expected job generation and  good income for small and medium enterprises.

He said that businessmen are scheming to shift into quicker formats of retailing to benefit from higher volume turnover and lower fixed overhead unlike in normal trading operations.

While one of the major thrusts of the local government is encouraging organic farming and producing top quality dried and smoked fish, the administration program of linking public and private entities with the goal of creating and maintaining a suitable environment for entrepreneurial activities is still a prime factor in achieving progressive community, Evangelista said.

Reports show that Balanga City is in the list of the top ten (10)new emerging cities in the country by the Department of Science and Technology – information and communication technology  and business process association of the Philippines.

Metro Manila corporations and trading firms are readily exploring an aura of   good return of investments awaiting them in the field of infrastructure, energy, business outsourcing and consumer items which they reportedly find in the historic peninsula.

Evangelista added the favorable economic trend with the entry of Manila-based consumer products retailers and coffee shops have corroborated with the opening of Vista Mall shopping center in the heart of Bataan peninsula, a few kilometers away from the Mount Samat Shrine in Pilar town