Key to healthy and vibrant economy

BALANGA CITY, Bataan– Public market stallholders here have described the prevailing healthy and vibrant economic scenario is due to the implementation of fundamentally sound socio-economic development programs which encourage both local and foreign investors to locate in Bataan.

Leonardo Hernandez, Jr. and Ben Lojo, proprietors of general merchandise stores at the Balanga City Greater Public Market said the upland business trend was conceived basically by the analytical corporate planning expertise of the late Bataan Governor and Rep. Enrique T. Garcia of the province’s second district.

According to the two businessmen, under the leadership of the late Governor Garcia, the father of the petrochemical industry, he crafted magnificent economic reforms, upgrading of infrastructure and communication facilities, pursuing quality education, tax revenue measures and outstanding   incentives for investors and other projects which eventually resulted to the substantial and positive impact to national and local economy.

These resulted to more job opportunities for the residents in the field of labor–intensive manufacturing and industrial firms with the operations of several economic zones in the province and construction of power generating plants and expansion of the largest oil refinery in the country.

The bright employment prospects propelled home-grown household consumer outlets, supermarkets, fast food and large number of eateries and other service-oriented facilities with the opening of the multi-billion peso Vista Mall shopping complex along the stretch of Bataan Expressway near the Pilar-Balanga City boundary.

Likewise, incumbent Bataan Governor Albert Raymond S. Garcia envisions that by year 2020, the province will have the lowest poverty incidence resulting from quality growth attaining top level human development index in the country.

The business community has foreseen  that  Governor Garcia’s  advocacy of good governance is a monumental step to prosperity  and  the advent of  electronic marketing system  being  introduced  to   Micro Small Medium  Entrepreneurs (MSME’s)  would enhance  local products   to penetrate the highly-competitive export  market