Malimgas Public Market finally a profit center
NOW A SELF-SUPPORTING VENTURE
THE financial hemorrhaging of the Malimgas Public Market is finally over. Its monthly revenues are finally able to cover the amortization of the Dagupan City government’s loan secured by the Lim administration in year 2000.
City Market Superintendent Aguedo Sta. Maria said occupancy at the market is finally almost full and he credited Mayor Belen Fernandez’s policies for making it happen.
Sta. Maria said he was aware that the city government has been subsidizing the market’s operations when it was envisioned to be self- supporting as a profit center, the stated justification for the loan.
Today, market revenues from stall rentals from other markets of the city and from cash tickets already average P500,000 to P600,000 monthly.
The city government also collects another P900,000 monthly from entrance fees of trucks bringing in fish for sale at the Dagupan City Fish Market.
He said the Fernandez administration’s policies stimulated business in the Malimgas Public Market by instilling greater confidence among stall owners to stay while encouraging more to do business in the market.
The city has checkpoints in two approaches to the fish market manned 24/7 to inspect and collect fees from fish traders.
Meanwhile, the period for the baratillo flea market and food strip on two streets beside the city hall has already lapsed last week. The stalls were dismantled by the vendors themselves, assisted by the city’s anti-littering task force and the City Waste Management Office (CWMD).
A fire engine from the City Disaster Risk Reduction and Management Council (CDRRMC) had to hose down and deodorize the two streets after being occupied by vendors for two months.
These two streets have been reopened to one-way traffic again.
The rental revenues earned from the the baratillo and food strip were used to help bankroll the Bangus Festival. It was the second year for the city to organize and manage the festival without any government subsidy, putting a stop to the practice initiated by the Lim administration, and in compliance with the rules of the Commission on Audit. (Leonardo Micua)
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