KIDAPAWAN CITY-- Giant business establishments are set to sprout in the city within the year to offer more opportunities to locals, the mayor here revealed.
Mayor Joseph Evangelista in a press briefing on Tuesday said construction of several establishments will start in the first quarter of 2017 including some nationally known "iconic companies" involved in the operation of mall chains, fast food, car dealerships, convenience stores, and hardware.
"Healthy competition and aggressive economy awaits the city this year" the mayor stressed, adding that the investment influx is a clear manifestation that the city has gained its reputation as a business-friendly destination in Central Mindanao.
He noted that such development would also open the door for employment, livelihood and huge revenue for the city to propel the local government unit's (LGU) priority projects aimed at alleviating the plight of the poor.
Evangelista said such business giants include JS Gaisano, 7-11, Jollibee, City Mall and the Davao City-based New City Commercial Center.
The mayor has assured the protection of the investors from extortions and terroristic threats from lawless groups that may hinder their operations through proper coordination and information sharing.
Only last year, the city received the Seal of Local Governance Award from the Department of Interior and Local Government.
Also last year, President Rodrigo Roa Duterte in a visit to Cotabato City, has mentioned Kidapawan City as an LGU to be replicated and looked upon as it may even surpass Davao City in the next few years in terms of income generation.
"Such inspiring words from the President is a challenge for us to do more and be motivated in the coming years," Evangelista said.
The city's Business Processing and Licensing Office has so far noted the increase on the number of local businesses in the city to 3,200 from the previous 2,916 registered establishments in 2016 based on the continuing Business One-Stop Shop (BOSS) program that started early this month. (PNA)
Source: Philippines News Agency