Dagupan City keen on attracting more investors

By November 29, 2015Business, News

DAGUPAN City will seek to strengthen further its status as the center of trade, commerce and education in Pangasinan and Northern Luzon with the expected approval of its amended Comprehensive Land Use Plan (CLUP).

Mayor Belen Fernandez said the plans for the new growth centers, Tambac-Caranglaan, Bonuan Gueset- Boquig- Binloc and in Pantal-Lucao (new de Venecia highway), are being readied for the ongoing discussions for the amendments of its CLUP.

She’s confident that with the support of the city council members, more investors will be attracted to invest in Dagupan.

Ms. Fernandez cited the Sta. Lucia Land Development Corporation, one of the country’s largest real estate companies, as among the big investments this year.

With over 300 subdivision projects nationwide, it started building a 7.7 hectare residential subdivision project in Barangay Bolosan called Almeria Verde, a first class land development project with amenities like club house, swimming pool and basketball court. It is set to be completed in less than two years. 

Then the Golden Dragon, a Manila-based company, is investing some P200 million for The City Mall in Barangay Mayombo.

The Pangasinan Medical Center has been renovated and renamed as Medical City on December 9.  She said it’s an indication that investors trust the investment policies in the city.

She said the Engineering Office has already reached its target in its collection of building permits for 2015.

“I’m very sure 100 percent that many investors will come to Dagupan because they can feel they are welcome to do business and invest in our city,” the mayor said.

She said the Investment and Development Board she created will be a big boost to the city’s thrust to attract more investors.

“I want to make sure there is no corruption in Dagupan. If you want to invest here, just let us know, we will help you,” she added.

Fernandez said the city will keep its status as “the commercial, finance, and education center of the North”.

This December, she said the city will launch a three-step application of business permit so that businessmen can get their permits immediately. (Tita Roces)

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