Balanga City  to reach P1 Billion  revenues in 2020

Balanga City to reach P1 Billion revenues in 2020

Balanga City to reach P1 Billion revenues in 2020

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BALANGA CITY, Bataan – City Treasurer Joselito Evangelista is immensely confident that the P1 billion target revenues of the local government for the year 2020 will be achieved with the existing intensity of economic growth in this City.
The city treasurer said the rapid urbanization and commercial investment policy of the province’s component city are tangible acceptance of Mayor Francis Anthony S. Garcia’s decisive goal of reaching the P1 billion income in 2020.

Mr. Evangelista provides an overview of the economic impact of the existing multi-billion peso shopping complex , Bataan Vista Mall owned by the family of former Senate President Manny Villar; the expected operations of four others namely Capitol Square, Walter Mart, Robinson Galeria, SM and Robinson Mall are significant business frameworks which stipulate productive output of 10-15 percent economic escalation.
In this aspect, the city treasurer has rationalized that this economic agenda would give the private sector a reliable situation in structuring their feasibility studies and take out presumption on what are the government’s preferred parameters for their projects.

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