BAGAC, Bataan – Mayor Louise Gabriel Q. del Rosario predicts an excellent business ambience in a couple of years in the historic peninsula in view of inflow of foreign investments which may boost local eco-tourism industry.
Nick S. Ancheta, Bagac municipal administrator, said this observation of Mayor del Rosario, the youngest elected municipal executive in the country, echoes the overview of Chinese economic mission positive outlook on the province’s premier tourist destination on the back of sound macroeconomic fundamentals and robust growth scenarios.
Based on the entrepreneurial and analytical evaluation of Mayor del Rosario of the investment index the relatively cordial financial outlay of the provincial government coming from the Peoples’ Republic of China is likely an essential motivating factor to unlock Bataan’s economic, industrial and tourism potentials.
Citing the useful corporate procedures of encouraging locators in the municipality, Ancheta has stressed the economic expansion is likely to continue for the coming years consequently sustaining investor confidence and keeping the province an attractive investment hub.
Ancheta added that the town has produced a feasible socio-economic development program which provides local and foreign investors productive marketing set-ups, fiscal incentives and revenues to discover more business opportunities in the coastal town.
More foreign investors are surveying the 50 kilometer coastal areas overlooking the West Philippine Sea for housing projects, retirement villages, hotels, commercial and retail outlets while the industrial zone adjacent to Mariveles town near the San Miguel Corporation special economic zone is reportedly reserve for manufacturing plants.