Economic uptrend in Metro Dagupan area seen
TWO of the country’s biggest shopping mall and real estate developers and the linking of San Fabian town to the Tarlac-Pangasinan-La Union Expressway (TPLEX) could result in unprecedented economic boom in the area, particularly the Calasiao-Dagupan-San Fabian triangle.
Dr. Gonzalo Duque, president of the Lyceum-Northwestern University (LNU), made this forecast after his family offered SM a part of their land in the Tambac-Mayombo section in Dagupan for a planned shopping mall.
The area, which was considered in the 1990s by another mall operator, Gotesco, for a P1.2-billion project, is adjacent to the site in Calasiao where Robinsons is already developing housing and mall projects.
Hans Sy of SM, accompanied by Duque and his brother Cesar, recently met with Mayor Benjamin S. Lim to sound off the proposed mall in the city.
Some 5,000 jobs are projected to be created if the SM mall is built, Duque said, quoting Sy.
Duque also pointed out the city is expected to benefit from the planned diversion road connecting San Fabian and San Jacinto as part of the new Tarlac-Pangasinan-La Union Expressway (TPLEX).
“Alam nyo ang lapit ng Dagupan sa San Fabian kaya mag-benefit tayo dyan sa bagong expressway,” he said.
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