• NEWS
    • NATION
    • CORDILLERA
  • BUSINESS
  • GREEN
  • OPINION
    • EDITORIAL
  • FEATURE
  • FACT CHECK
  • HEALTH
  • LIFESTYLE
  • LITERATURE
  • SPORTS
  • ADVERTORIALS
  • ABOUT US
    • CONTACT US
Baguio Chronicle
  • NEWS
    • NATION
    • CORDILLERA
  • BUSINESS
  • GREEN
  • OPINION
    • EDITORIAL
  • FEATURE
  • FACT CHECK
  • HEALTH
  • LIFESTYLE
  • LITERATURE
  • SPORTS
  • ADVERTORIALS
  • ABOUT US
    • CONTACT US
No Result
View All Result
  • NEWS
    • NATION
    • CORDILLERA
  • BUSINESS
  • GREEN
  • OPINION
    • EDITORIAL
  • FEATURE
  • FACT CHECK
  • HEALTH
  • LIFESTYLE
  • LITERATURE
  • SPORTS
  • ADVERTORIALS
  • ABOUT US
    • CONTACT US
No Result
View All Result
Baguio Chronicle
No Result
View All Result
Home Business

Investors sought for Magalong’s 50 redev’t projects

Angel Castillo by Angel Castillo
August 29, 2022
in Business, News
Reading Time: 1 min read
5
SHARES
18
VIEWS

THE Baguio Chamber of Commerce and Industry (BCCI) is reviewing more than 50 redevelopment projects lined up by the city government in accordance with the city and the mayor’s push against urban decay.

BCCI president Zosimo Abratique, who also represents the city public market, said that Baguio Mayor Benjamin Magalong sought their financial help for infrastructure for high-impact development projects such as parking buildings.

Local residents are also able to invest in bonds to help finance the development projects.

ADVERTISEMENT

Abratique said the BCCI will be reviewing Baguio’s master plans for projects such as a cable car system and other planned projects to help with traffic, the environment, urban food production, education, and housing.

The city government intends to develop hubs such as the parks hub comprising of the city’s parks, the Cordillera gateway hub which leads to Halsema highway, and the Loakan airport hub. Magalong previously committed to finding a way to revive the Loakan airport for use.

Tabangin said agriculture projects were in the city’s investment zones, such as the southbound hub along Marcos Highway, where a modern abattoir would rise.

These projects not only benefit the city, but also the BLISTT (Baguio, La Trinidad, Itogon, Sablan, Tuba, and Tublay), Magalong said.

 

ADVERTISEMENT
Previous Post

New market fee scheme, tightened inspections doubles remittance in Baguio

Next Post

City eyes 5 year tax exemption for investors

Angel Castillo

Angel Castillo

Angel graduated with a bachelor's degree in Journalism from the University of the Philippines Baguio. As the youngest on the team, he writes on mental health and well being, and the millennial’s point of view.

Related Posts

Baguio waiting for Urdaneta landfill to reopen

January 23, 2023

More private investors for parking facilities in Baguio

January 23, 2023

Allow small-scale mining, Benguet provincial gov’t asks DENR anew

ACT lawmaker slams NTF-ELCAC red-tagging lectures in Cordi school

Two former barangay execs in Baguio jailed over bidding fraud

Botanical Garden now locked behind online registration

Latest Stories

Verhungern – Ad nauseam, ad infinitum

January 26, 2023

Grassroots Etc – Baguio on my mind…till we meet again

January 26, 2023

Fortnight – Why settle for a boring Baguio?

January 26, 2023

Baguio Chronicle

 

The Baguio Chronicle is the fastest- growing news publication in Northern Luzon today. It was established on December 6, 2009 in Baguio City.

© 2022 The Baguio Chronicle Website Design and Development by Neitiviti Studios.

No Result
View All Result
  • NEWS
    • NATION
    • CORDILLERA
  • BUSINESS
  • GREEN
  • OPINION
    • EDITORIAL
  • FEATURE
  • FACT CHECK
  • HEALTH
  • LIFESTYLE
  • LITERATURE
  • SPORTS
  • ADVERTORIALS
  • ABOUT US
    • CONTACT US

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In