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==PPP contributes to the economic growth of Balanga City== | |||
*Source: http://pia.gov.ph/?m=7&r=r03&id=71956 | |||
*By: Joelyn G. Baluyut | |||
*''January 10, 2012'' | |||
BALANGA CITY, Bataan- Through the solid partnership of the city government and the private sector, economic growth in this city is obtained. | |||
This was asserted by Mayor Jose Enrique Garcia III as he stressed that “the total investments (in the city) for the year 2011 reached P5.95 billion including the upcoming and new establishments here, compared to the P4.78 billion last 2010.” | |||
“These economic activities not only uplift the economy in this city but it also give Bataeños opportunities to produce more income and jobs”, Garcia added. | |||
Malls | |||
Moreover, the city will earn P108 million from the newly established Galeria Victoria mall from its lease payment for 25 years, and another P50 million for the construction of a commercial center called Plaza de San Jose which will also serve as a link or bridge to Galeria Victoria, Center Plaza Mall and the new Public Library. | |||
These malls will generate jobs to more than 700 people, which could double once the said establishments are already fully operational. | |||
Market | |||
Because of the newly-redesigned frontage section of the market here, the structure of the place gives additional lease for the business people. | |||
According to the city’s Economic Enterprise Office, the financial standing of the market was also revitalized, earning for the city P18.2 million in rental income in 2011, as compared to the P15.5 million posted in 2010. | |||
And in order to make the market more business-friendly, new programs for the vendors will be carried out like the zero interest business loan and supply linkage with wholesalers from Manila which will help the business people in the market earn more. | |||
Park | |||
The Wetland Natural Park in Barangay Tortugas continuously attracts more tourists as it opened last 2010 where the city first celebrated the First Ibong Dayo (Migratory birds) festival. | |||
The said park has a huge center building that showcases many of the different bird species with their pictures. It also includes a two separate view deck infront wherein people can stay while anticipating or watching the birds from the sea. | |||
Aside from these treats, programs about knowledge, preservation and care for the environment is conducted to make visitors more aware of the importance of a healthy environment in preserving migratory birds. | |||
Garcia said that the park is the first Wetland and Nature Park in the country, resting on more than four hectares of swamp land along the seaside village of Tortugas fronting the Manila Bay. | |||
Tortugas is one of the three villages in the city designated by the Department of Tourism as bird-watching site. | |||
The said tourist attraction will lure in more tourists in the province especially students and children where they could observe about 14,000 to more than 18,000 migratory birds of different species, as have been counted in the villages of Tortugas, Puerto Rivas Itaas and Sibacan only in a day. | |||
==Balanga sets record P6-B investment== | ==Balanga sets record P6-B investment== | ||
*Source: http://www.mb.com.ph/articles/347551/balanga-sets-record-p6b-investment | *Source: http://www.mb.com.ph/articles/347551/balanga-sets-record-p6b-investment | ||