Chinese economic delegation explores investment opportunities in Bataan

Chinese economic delegation explores investment opportunities in Bataan

Chinese economic delegation explores investment opportunities in Bataan


BAGAC, Bataan – Local municipal officials of the premier tourist spot in the historic peninsula have appreciated the positive responses coming from   the Chinese economic mission to participate in the establishment of a steel manufacturing plant and tourism related investment opportunities here.

Nick S. Ancheta,  Bagac municipal administrator, explained  that the youthful Mayor Louise Gabriel Q. del Rosario  and the  municipal council have presented to the Chinese delegation the  comprehensive eco-tourism development plan for the historic Bataan town, one of the two starting points of infamous Death March during World War 2, which  is greatly  noteworthy  in pursuing its footpath  as one of the leading local and foreign tourist destinations in Central Luzon.

Ancheta  narrated the long-range eco-tourism program of Mayor del Rosario encourages Chinese visitors who wanted to explore investment opportunities  to the newly-designated eco-tourism site  along  the coastal villages adjacent to the proposed  San Miguel Corporation (SMC) special economic zone in Mariveles town .

The town has completed the identification and analysis of pertinent valuable information including unique tourism travel, retirement and leisure resources and other potential attractions of the town’s historical and cultural spots which strongly determine the appropriate investment advantages.

Likewise, according to Ancheta, Governor Albert Raymond S. Garcia has instructed the Metro Bataan Development Authority (MBDA) to pursue the exhaustive study which would provide for the installation of efficient lighting posts and closed circuit TV facilities along the 44 kilometer Mariveles–Bagac coastal road while equipping security facilities to beach resorts and other natural lovers and mountain trekkers.

It was learned that the Chinese economic team is seeking investment and business cooperation in Bataan with its favorable geographical location and responsive business atmosphere with more than 50 kilometer shoreline facing the majestic West Philippine Sea and the rich natural environmental friendly Bataan National Park.

Ancheta said the Chinese investment in Bagac town would help to further fuel the economic growth and deliver higher income for the local small and medium entrepreneurs and the residents.

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