BALANGA CITY, Bataan – Four shopping malls are expected to become operational in two years as they are still preparing prerequisite technical descriptions of the proposed sites and other documents for the projects.
Engineer Miguel Sanchez, city engineer, has cited the four-storey Capitol Square, located in Barangay San Jose is scheduled to open in December, this year.
While the two proposed shopping centers namely SM Balanga at the transport terminal and Robinson Star Mall in the four-lane Enrique Garcia Sr. Avenue are at a standstill negotiating the conversion of 3.5 hectare lands from agricultural status to commercial category; at the same time Robinson is seeking the conversion of 2.6 hectares from pasture to commercial land respectively.
Engineer Sanchez also said the proposed location of Walter Mart owned by ex-Mayor Celso Valdecanas had completed the structural plan, clearance from the Department of Agrarian Reform (DAR) and approval of the Sangguniang Panlunsod.
However, the Robinson Galleria which was razed by fire last month would need structural rehabilitation and is also expected to operate in two years.
Entrepreneurs from Central Luzon and Metro Manila reportedly are eyeing joint ventures with local traders with remarkable surge in business opportunities in the historic peninsula’s sustainable economic growth with the influx of foreign industrial corporations and commercial locators.
Bataan is open to investments in the areas of socialized housing and commercial property leasing, retail food business, manufacturing, tourism and others.