• 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

More private investors for parking facilities in Baguio

Angel Castillo by Angel Castillo
January 23, 2023
in Business, News
Reading Time: 1 min read
9
SHARES
32
VIEWS

Baguio City’s government has received more investors for parking facilities in the city as part of its “Growth Node Development Plan”.

According to Baguio Mayor Benjamin Magalong, the city is looking to kickstart its development plan this year. 

Magalong said that nine out of the 22 private investors that attended its first ever Investment Summit in December of last year are engaged in parking and mobility development, and two of the investors are in the business of transport system development.

ADVERTISEMENT

The growth node development plan aims to expand economic development outside of the city’s central business district to decongest the district.

The development plan includes transport-oriented development, urban agriculture, arts and crafts, parks, heritage and landmark restoration, ecotourism, and business incubation, including the further development and operation of the Loakan airport where flights between Baguio and Cebu are now on a regular schedule.

Investors in the summit were also looking to venture into renewable energy, water and energy resource development, and architectural consultancy among other projects.

The city meanwhile has tagged its developmental needs as parking facilities, low-cost housing projects, cold storage facility for a modern slaughterhouse as well as the city’s smart mobility plan.

ADVERTISEMENT
Previous Post

Magalong red-tagged anew, BCPO chief throws support

Next Post

MRF eyed in Sto. Tomas to cut down on waste disposal costs

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

Free meals for needy college students eyed

June 1, 2023

Baguio seeks more incentives for athletes, coaches

June 1, 2023

Five more construction projects in Baguio watersheds stopped

Baguio eyes issuance of bonds to finance city projects, move away from PPP

Magalong calls for probe into “substandard” Kennon works

Olowan: Baguio willing to return Burnham to nat’l gov’t

Latest Stories

Nina Aguas talks of good corporate governance as a way of life at InLife

Nina Aguas talks of good corporate governance as a way of life at InLife

June 2, 2023

Grassroots etc. – A sense of loneliness

June 1, 2023

Green Thumbs Up – The lessons our garden teach us

June 1, 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