More manufacturing firms to fuel economic growth

Written by
  • Raffy C. V.
  • 5 years ago

BALANGA CITY, Bataan – The establishment of more export-oriented manufacturing firms and the indispensable expansion of tourism facilities are two principal factors to fuel the brilliant option for lucrative business prospect on real estate and property investment portfolio in two industrial towns in southern Bataan.

Board Member  Rolando Z. Tigas, of the 1st district of the province, chairman of Infrastructure and Land Utilization Committee of the Sangguniang Panlalawigan (SP) is expecting a big number of job applicants and their families from other provinces and Metro Manila to seek employment to more than 130 factories and commercial enterprises  at the Freeport Area of Bataan and in the on-going site development of the largest food conglomerate in the country, San Miguel Corporation‘s 500 hectare  special economic zone, both located in Mariveles .

With the noteworthy  transformation in the first export processing zone of the country, land speculators and housing developers from Metro Manila and Central Luzon have acquired feasible and comfortably accessible sites for the construction of low and medium housing units, dormitories  and apartment-type structures in the towns of Mariveles, Limay, Orion, Pilar and Balanga City, Board Member Tigas said.

He cited the strong economic indication reflects the outcome of the continuous widespread infrastructure scheme of road network leading to the seven economic and tourism enterprise zones.

The SP Infrastructure and Land Utilization chair speaks well of the Bataan Governor Albert Raymond S. Garcia ‘s advocacy of motivating Central Luzon and local realty  and property management proprietors to undertake a systematic posture to fill-up the  huge demand for housing facilities in the fast growing industrial towns of the province.

Local and foreign locators have considered the government initiated road connectivity projects to the province’s industrial centers as a giant leap to long term economic growth.

Board Member Tigas added  that the government is adopting a hybrid approach on public-private partnership projects to expedite  the implementation of urgent public works program  in the countryside.

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