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SAGAY. Incoming Mayor Narciso Javelosa Jr. takes his oath of workplace earlier than Sagay Metropolis Regional Trial Courtroom Decide Reginald Fuentebella on the Taliambong Exercise Middle within the metropolis on Saturday, July 11. (Adrian P. Nemes III photograph)
Incoming Mayor Narciso Javelosa Jr., on the sidelines of his oath-taking rites on Saturday, June 11, mentioned the 25-hectare property positioned at Hacienda Ricky in Barangay Paraiso is now able to cater to locators who’re to put money into agriculture, meals processing, manufacturing and even enterprise course of outsourcing (BPO).
Among the many early locators was the Tamiya Inc., a Japanese producer of plastic mannequin kits, radio-controlled vehicles, batteries and solar-powered academic fashions, sailboat fashions, acrylic and enamel mannequin paints and numerous modeling instruments and provides.
The agency expressed curiosity in placing up its manufacturing plant within the space, Javelosa mentioned.
He mentioned it didn’t push by way of due to the onset of the coronavirus illness (Covid-19) pandemic in 2020.
As beforehand deliberate by outgoing mayor and incoming Second District Consultant Alfredo Marañon III, the Sagay Metropolis Financial Zone could have sufficient provisions for unimpeded progress and could also be expanded as much as 140 hectares.
In the meantime, Javelosa mentioned the completion of the port extension and growth mission at Barangay Previous Sagay will assist complement the logistical necessities of the locality’s financial zone.
The World Financial institution-assisted mission, funded by way of the Philippine Rural Improvement Program, is already close to completion, he mentioned.
The mayor mentioned that it’s anticipated to extend buying and selling actions between Sagay Metropolis and close by financial facilities within the Visayas as it should grow to be an alternate route and transshipment factors for containerized cargoes and passengers coming from the municipalities of Tabuelan and Estancia in Cebu and Iloilo, respectively.
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