Bayambang eyes export economic zone

By July 17, 2016Business, News

FOR INCREASED TRADE INVESTMENTS

BAYAMBANG – The establishment of an export economic zone in the town is in the works to encourage foreign trade investments.

Mayor Cezar Quiambao, an entrepreneur himself, said the interests expressed by foreign investors augur well for his priority to uplift people from poverty through education and trade investments.

Bayambang, he said, is just two hours away from the nearest port and three hours away from Manila, making it easier to transact business and trade.

“There is a need to establish an export economic zone but we have to prepare a master plan. It is important that we convince locators to establish several industries for export, and then we market them. More businesses will mean more jobs for the people,” Quiambao said in an interview.

During his installation as the new chief executive of Bayambang, four foreign investors signed a Memorandum of Understanding to invest in Bayambang.

The four who expressed interests to invest were: Ramchand Karunakaran, chief executive officer of the infrastructure and transport group of the Infrastructure Leasing and Financial Services, Ltd.; Mr. Lim Kok Hin, president and CEO of Canon Marketing Philippines; Mr. Eugen Tjong, head of ID Pacific Limited from London, United Kingdom; and Mr. Peter Sgro, chairman of the Guam Economic Council.

“My fellow Bayambanguenos, never again shall you be poor because you have the capacity to prosper… Let us focus on aspirations that unite us, not on issues that divide us,” Quiambao said during his inaugural speech

For his thrust in education, Quiambao said he has forged partnership with the Polytechnic University to open two formal classes in a month for Bayambang residents through its Open University System.

For his anti-corruption and anti-criminality programs, the municipal government will install CCTV cameras in strategic locations and establish an incident command system that can be accessed through emergency number 9111. Eight more police community precincts will soon rise in the town, he added.

The mayor has created six more departments in the municipality to wit: Disaster Risk Reduction and Management, Tourism, Internal Audit, Public Order and Safety Office (POSO), Management Information System (MIS), and Information and Communication Technology (ICT) office, in addition to the existing departments. (VHS_PIA-Pangasinan)

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